Loughlin Insurance Agency Provides Workers Compensation Insurance for Small Businesses in MA
Small Business owners in Massachusetts can trust Loughlin Insurance for the Workers Compensation Insurance they need. Workers compensation is a statutory obligation that relates to expenses provided to your employees resulting from on-the-job injuries and/or illnesses. These laws were created to protect employees who are injured on the job. The Commonwealth of Massachusetts establishes comprehensive and specific benefits that must be provided to employees who suffer an on-the-job injury.
In most states, if you have employees, you are required to have workers compensation insurance coverage. Even in non-mandatory states, it can be a very good idea, particularly if you have many employees, or if they are engaged in hazardous activities.
In Massachusetts, an ’employee’ includes every person in the service of another under any contract of hire, express or implied, oral or written, with a few exceptions. [MGL 152, § 1 (4) ] Notable exceptions include seamen engaged in commerce, salesmen of real estate or consumer goods who work on commission, some taxi drivers, and persons engaged in interstate/foreign commerce who are covered by federal law for compensation for injury and death.
Having workers compensation insurance in Massachusetts protects employers from lawsuits resulting from workplace accidents. The insurance pays medical care and compensation for lost income to employees hurt in workplace accidents. No matter how safe you think your workplace is, you need workers compensation insurance to ensure that even one accident doesn’t turn into a major loss for your company.
Each state has different laws governing the amount and duration of lost income benefits, the provision of medical and rehabilitation services, and how the system is administered. Get your small business the protection you need – for your company and your employees. If you’d like to learn more about Workers Compensation Insurance, the professional agents at Loughlin Financial Group are here to help. Call 781-341-9010 today.
If you are concerned about the safety of your own workplace, The Department of Labor Standards offers a free consultation service to help employers with workplace safety compliance and training.
Contact Loughlin to learn more today!