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CommercialInsurance.net Releases “A Comprehensive Guide to Workers’ Comp”

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Depending on the state in which the claim is made, the allowed time limit to file for compensation will vary.


OKLAHOMA CITY (PRWEB)

CommercialInsurance.net has announced the release of its latest resource “A Comprehensive Guide to Workers’ Comp.” This informative guide provides insight into workers’ compensation by exploring the origin of workers’ compensation, the need for a workers’ compensation policy, how workers’ compensation works and is processed, and tips for making a successful workers’ compensation claim.

Workers’ compensation is when employees receive payment to recover from work-related illnesses and injuries, and historically, workers’ compensation dates back to 2050 BC when ancient China and Greece paid workers who sustained work injuries. Workers’ compensation policies are mutually beneficial to both the employees and the employer. The cost of a workers’ compensation policy varies depending on multiple factors including the state, industry, number of employees, and the insurance company.

When filing a workers’ compensation claim, employees need to start the claims process immediately after an accident occurs and not delay. From an employer’s perspective, it is essential to ensure the injured employee receives immediate attention. According to CommercialInsurance.net, “Depending on the state in which the claim is made, the allowed time limit to file for compensation will vary.” When making a claim, three factors determine the eligibility of a claim- the injured employee must be eligible, the employer must hold an active workers’ compensation policy, and the employee must be injured while at work.

To learn more about workers’ compensation, please visit CommercialInsurance.net here.

About CommercialInsurance.net:

CommercialInsurance.net is a two-sided marketplace that matches businesses to insurance providers. We exist to make the process easier for businesses to find an insurance company that can assist with their unique needs. For insurance providers, we make it much more efficient for agents and brokers to find customers who fit their solutions – helping both sides get successful outcomes.

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