Contractors insurance typically covers contractors for on-the-job hazards. This means that they’re going to be covered should someone be injured in the course of their performing the job, or if there is damage to the client’s property.
For business owners, workers’ compensation insurance is a necessity. By learning how the system works, however, you can lower your costs. You can also make sure you’re getting what you’ve paid for. Once you’ve identified a few key components, you can also plan for unexpected events.
This is critical because if employees don’t see a continued interest in this initiative, they will lose interest themselves. They can easily interpret the lack of communication as a loss of interest at the leadership level. Every company wants to lower their workers’ compensation costs, and developing a company-wide wellness and safety program is a very effective way to do this.