Business insurance

Does your business need additional insurance for workers? from

Omaha, NE, December 19, 2021 (GLOBE NEWSWIRE) – Does your business need health insurance for workers? If you have employees, you almost certainly have them. Technically called workers’ compensation insurance and sometimes referred to as workers’ insurance or workers’ insurance, this coverage protects employees in the event of injury or illness on the job. The financial support it provides can be crucial as they struggle to recover and return to work.

What is Workman’s supplemental insurance?

Worker’s compensation insurance covers the costs associated with work-related injuries and illnesses. This is a significant employee benefit that is required by law in most cases and can provide payment for:

  • Medical care
  • Loss of wages during recovery from a covered accident or illness
  • Funeral and burial costs if the person dies as a result of injury or illness

If you have any questions about your business coverage, you can contact our workers’ insurance experts by email or phone.

Why take out occupational accident insurance from biBERK?

When it comes to something as important as protecting your employees and their families, you want to work with a company that understands workers’ health insurance and is used to providing exceptional service. to small businesses.

biBERK is part of the Berkshire Hathaway Insurance Group, with all of our major insurance subsidiaries rated A ++ by AM Best Company and AA + by Standard & Poor’s Corporation. This means that they display superior financial health and operating performance. Berkshire Hathaway Insurance Group has millions of satisfied customers, over 75 years of insurance experience and $ 38 billion in claims paid in 2020.

In short, you can trust biBERK to protect your employees and your business like so many other businesses do.

How much does the blanket cost? Get details about your business with a worker quote.

How much will it cost to cover your employees? You can find out in minutes by getting a quote from a worker online. The rate varies depending on a few key factors. One is your total payroll. The higher your payroll, the more you will pay for workers’ compensation. Your industry and the type of work your employees perform are also factored into your costs, as is your claim history.

To give you a general idea of ​​what you’ll pay, the average cost of worker health insurance per $ 100 of salary ranges from $ 0.75 in Texas to $ 2.74 in Alaska.

If you choose to get health insurance coverage for your employees through biBERK, our direct-to-you model eliminates the middleman and can save you up to 20% compared to other insurance companies. Even if you don’t make your purchase online immediately, having a quote for a laborer can help you budget the cost so that you’re ready to purchase your policy before hiring your first employee.

How quickly can I get additional insurance for workers?

Every business situation is different. But you might be able to get insurance coverage for workers in as little as a few minutes.

How does workplace accident insurance work?

Let’s say your employee is injured in some way at work. For example, they could:

  • Slip on the ice on your sidewalk and break their wrists
  • Suffered from a head injury caused by a box falling off a shelf in a storage room
  • Experience carpal tunnel syndrome which requires surgery due to poor typing habits
  • Get a cut that requires stitches while using machines

Workers’ health insurance can cover the cost of treatment. Then, if the employee has to take time off work because of the injury, your workers’ compensation policy can help cover lost wages.

Does biBERK provide Workman supplemental insurance in my state?

When it comes to small business insurance, we offer policies in all states where we are licensed to do so. (In some states, only a designated state entity can provide workers’ compensation insurance.) See our coverage maps of the states served for details.

Frequently Asked Questions About Workers’ Compensation Insurance

Our insurance experts are always happy to help. But the answers to some of the most frequently asked questions about workers’ health insurance are below.

What does the occupational accident insurance not cover?

A workers’ compensation policy does not cover injuries that occur outside of work or, in most states, while commuting. It also does not cover injuries resulting from drug addiction or intoxication, or those caused intentionally.

What is a worker audit?

Your payroll helps determine the cost of insuring your worker. A workman’s audit is an industry standard process in which we review the payroll records you provide to us after your policy ends to ensure that you are not paying too much or too little for your coverage. If your actual payroll is greater than that estimated when you purchased the policy, you will receive an invoice for the additional premium due. If it is lower, you will receive a premium refund (subject to minimum premiums).

How do I know if my business is required to have workers’ compensation insurance?

If you have employees, you probably need health insurance for workers. Our insurance experts can give you an overview of the requirements or you can visit our States Served page for more details.

If I am self-employed, do I have to have additional insurance against accidents at work?

As a general rule, if you are self-employed and do not have employees working for you, you do not need to have workers’ health insurance. However, some business contracts may require you to have coverage, and having worker compensation can also help protect your income if you are injured or become ill as a result of your work.

Workers’ compensation insurance offers invaluable peace of mind

In addition to the financial protection provided by workers’ health insurance and the avoidance of fines / penalties for non-compliance with state laws, most business owners find it to provide valuable peace of mind. ‘spirit. Knowing that your employees will receive financial support if they are injured or become ill at work allows you and them to focus on the job.

About biBERK business insurance

biBERK can help you with all of your small business insurance needs including: Commercial Automobile, General Liability, Property & Liability, Umbrella, and Workers’ Compensation.

Media contact:
Rakesh Gupta | 402-408-2870