Workers' Compensation
Workers' Compensation Insurance
Workers’ compensation insurance is meant to protect workers from accidents that occur while they are on the job. It limits the liability of an employer or corporation against the death or injury of their workers while performing a work-related activity. In the State of South Carolina, if you are a business employing more than four workers, then you are required by law to carry workers’ compensation insurance. The four workers include those that are part-time, flex-time, and full-time employees, as well as their family members.
How is Workers’ Compensation Insurance Purchased?
Workers’ compensation insurance is mandatory for businesses in South Carolina employing more than four workers, and it can be purchased in one of three ways.
Either you can buy insurance from a private carrier, through a state-funded policy program, or you can apply for self-insurance.
The benefits include
- Total or partial disability benefits
- Disfigurement compensation
- Medical travel expense reimbursement
- Temporary or permanent disability benefits
- Medical benefits to cover employee injuries
- Death benefit if an employee is accidentally killed while working
Workers’ compensation insurance is not only mandatory in the state of South Carolina; it is imperative to protect your business and assets. Abri Insurance has a variety of policies and carriers from which to choose. Our mission is to find a product that not only covers your legal requirements but also makes economic sense for you. Contact us today to discuss how we can help find the right workers’ compensation for your employees!
