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Is Worker's
Compensation Compulsory? ....Yes
Are Waivers Permitted? .... No
Numerical Exceptions? .... None
Quick response:
Richter-Robb Pacific
Insurance Services, Inc. can give quick quotes for worker's comp
insurance and connect you to the right representation for
businesses large and small.
Competitive Quotes:
Because of
Richter-Robb's experience and reputation in the industry, we can
be very competitive in the worker's comp market. We service over
600 brokers and we are an authorize broker for many quality
insurance institutions.
Insurance
Requirements:
Some form of workers compensation is required by law in every
state. You cannot legally hire a work force without providing them
with workers comp insurance.
Your Exposure to
Claims: An
employee is automatically entitled to receive certain benefits
when he/she suffers an occupational disease or accidental injury
during or due to employment. Such benefits may include:
- Cash or
wage-loss benefits
- Medical and
career rehabilitation benefits
- In the case of
accidental death, benefits to dependents
When an employee
suffers a work related injury or illness, workers compensations
insurance steps in to provide benefits based on the type of
illness or injury sustained. Workers compensation is based on a
no-fault system, which means that an injured employee does not
need to prove that the injury or illness was someone else's fault
in order to receive workers compensation benefits for an
on-the-job injury or illness. As a California employer you are
required under California Labor Code Section 3700 to provide
workers compensation benefits for your employees.
A worker whose
injury is covered by workers compensation loses the common-law
right to sue his/her employer for that injury. However, injured
workers may still sue third parties whose negligence contributed
to the work injury. Many jurisdictions permit employers or
insurers to sue negligent third parties on their employee`s behalf
in order to recover funds paid as workers compensation benefits.
Whether the employee or employer is at fault for the injury is
usually inconsequential, as the sole goal of workers compensation
is to return the injured employee quickly and economically to
productivity. |