Hardly anyone ever expects the unexpected. This would include unforeseen events while working.
From one of your employees being injured while on the job or becoming sick due to exposure to dangerous materials, your construction workers are probably the most at risk than any other occupation. They sometimes can work with hazardous matter or malfunctioning tools despite your best efforts to provide the safest and secure conditions and equipment. If an injury occurs due to these events, you and your company may be held liable for their medical bills and missed income.
What’s the best way to protect yourself from spending your money on these type of expense? You should consider Worker’s Compensation Insurance. It assists in offsetting the monetary risk if one of your employees gets ill or injured. Your employees will also benefit from the extra protection you are providing.
You will also be covered under the law. All employers with one or more employees are required by law to have a valid workers' compensation policy at all times in Commonwealth of Massachusetts. This insurance gives injured workers medical care and partial to full wage replacement, but also can protects you and your construction company from potentially damaging lawsuits.
Workers Compensation Insurance is a smart investment to cover your employees but also can equally as wise for yourself. The unexpected can also happen to construction owners as well, If you fall ill or get injured, you want to be prepared so your family, your company and yourself are covered.