Workers’ Compensation Insurance in Bedford, NH
Workers’ compensation coverage is an essential part of many businesses’ insurance packages. Regardless of how careful you may be in trying to avoid workplace accidents and prevent employees’ on-the-job bodily harm, you may inevitably need to deal with these difficult situations. Even in relatively low-risk industries or while working from home, employees may be consistently at risk. Understanding and maintaining suitable coverage is necessary.
How Does Coverage Work? 
Workers’ compensation insurance can address many common incidents and render financial aid to curb resulting fiscal consequences. Specifically, your employees may be able to file a claim in the aftermath of the following:
- Slips, trips and falls
- Sprains and strains
- Lacerations
- Burns
- Exposure to hazardous materials
- Repetitive stress injuries
If a claim is approved, insurance carriers may issue financial assistance for the following losses and expenses:
- Medical bills, including costs for hospital stays, prescription medications and ongoing care
- Wage replacement, such as if a worker’s injuries keep them from performing their usual duties
- Vocational rehabilitation costs in situations where an employee needs to learn new skills for a different role due to their injuries or health issues
- Death benefits to compensate the family members of employees who were killed in work-related incidents
Additionally, workers’ compensation policies typically include employers’ liability coverage, which can help your company manage legal expenses, settlements and judgments if affected staff choose to file a lawsuit against you.
Are Policies Required?
Many employers throughout the country, including in New Hampshire, are legally required to have workers’ compensation insurance. Although exemptions may apply, most businesses in the Granite State that even have a single employee must have coverage. Additionally, some clients and prospects may refrain from doing business with uninsured companies.
How to Get Workers’ Compensation Insurance in Bedford, NH
Contact Dyer Insurance Agency today to discuss your coverage needs and find a workers’ compensation insurance policy tailored for your business.