All employers in Massachusetts are required by state law to carry workers’ compensation insurance covering their employees. However, there are exceptions and exemptions to this law. When speaking to our Commercial Insurance Specialists, they can assist in determining the best way to protect you and your employees.
Workers Compensation insurance protects your employees and your business from work-related accidents, illnesses, and even death. Policies will provide coverage for Medical Expenses, Death Benefits, Rehabilitation Costs, Vocational Rehabilitation, and Lost Income/Wages. In the State of Massachusetts, Workers Compensation coverage is required. Employers have insurance to cover medical costs and lost wages for workers who are injured or become ill on the job. If you do not carry Workers Compensation insurance, you could be liable for these costs as an employer and be subject to fines or penalties by the state.
Workplace injuries happen even in the safest of work spaces. Even if your employee has health insurance, you are responsible for their medical costs if they suffer a job-related injury or illness. In addition, the worker is entitled to a percentage of their regular wages during the time that they are unable to work due to their injury or illness.
As an employer, there is also coverage for you. LLC Members and Corporate Officers are required to be included in the Worker’s Comp payroll. Now Sole Proprietors can also elect to get coverage for themselves! See the Workers’ Compensation Rating & Inspection Bureau of Massachusetts website for more information on general laws and frequently asked questions.