Workers’ compensation is a “no fault” insurance program that provides medical treatment, wage replacement, and permanent disability compensation to your employees who suffer job-related injuries or illnesses. It also provides death benefits to dependents of workers who have died as a result of their employment.
Who must obtain this coverage?
Corporations, Partnerships/LLCs, and Sole Proprietorships
Consequences for Failure to Insure
The law provides that failing to provide workers compensation for your employees is a disorderly persons offense with penalties for such failure assessed up to $5,000 for the first ten days and up to $5,000 for each additional ten-day period thereafter.
Massey Insurance Agency offers free, comparative quotes on workers’ compensation insurance from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Just request a quote to find out.