Workers Compensation

Lions & Coventry Insurance Services understands the value of good employees. We know that your day-to-day operations depend on their hard work, expertise, and dedication, and if you supply them with quality benefits and plans, they can work with the peace of mind assurance that they’re properly protected.

But should an accident happen, having the right Workers Compensation plan from Lions & Coventry Insurance Services can allow your business to ensure payments and cover expenses if an employee is injured from a work-related accident. Workers Compensation Insurance provides coverage in the event of an employee injury, or fatal accident. Most states require it, so it is very important to make sure your business has Workers Compensation Insurance in order to stay in compliance with state laws. Injuries can range from car accidents and back injuries to equipment malfunctions and, in some unfortunate cases, death.

Workers Compensation can cover financial obligations such as:

• An injured employee’s medical expenses/treatment
• The replacement of lost wages from injury time off

To put it plainly, if you have one or more employees, you need Workers Compensation Insurance. In most states, failure to have Workers Comp results in punitive action resulting in exorbitant fines and the state may choose to completely shut down your business.  It’s also important for you to know that General Liability will not provide coverage in the event of an employee related injury or death as it only applies to third parties.

If your business does not offer Workers Compensation, serious injuries that occur on the job could lead to an employee suing your company for damages. That’s why it’s important to discuss your options with a specialist at Lions & Coventry Insurance Services who can help you find the right coverage options for all your business needs.