Tag: Workers Comp

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When is Workers’ Compensation Insurance Required?

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Workers’ compensation insurance protects you and your employees. Injured workers have peace of mind knowing that they won’t have to cover their medical costs out-of-pocket and will receive compensation for lost wages.

As an employer, a comprehensive workers’ compensation insurance policy means you don’t need to pay for these benefits out of your own pocket. With $42.6 million in net premiums from workers’ compensation, there is a reason why this coverage is required by law in most states.

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Can I Tap Both Social Security Disability and Workers Comp?

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After being injured on the job and becoming disabled, one might wonder whether he or she can be eligible for both social security disability insurance (SSDI) and workers’ comp benefits. The short answer is yes, but the amount of disability payments will be affected, and you’ll need to meet some stringent criteria to qualify for SSDI. You may also qualify for one program and not the other since eligibility criteria are very different. A site for disability lawyers Richmond VA is filled with information to help you come to the right decision.

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