A workers compensation policy provides medical benefits and wage replacement for employees injured on the job. It also compensates an employee and their family for a job related injury that results in a permanent disability or death.
*The State of Wisconsin requires employers to purchase a workers compensation policy if…
- You usually employ three or more full time or part time employees.
- You employ one or more full time or part time employees to whom you have paid combined gross wages of $500 or more in any calendar quarter.
- You are a farmer who employs six or more workers on the same day for any 20 days during the calendar year.
It is critical for an employer to report any accident whether the injured employee lost time from work or not.
Contact us to apply for a workers compensation policy and avoid being penalized.
*Reference: www.dwd.wisconsin.gov/wc/employers/
*Note – coverage is subject to insured limits, deductibles and covered perils.