Workers Compensation / Employers Liability
In Illinois, it is mandatory for every business entity to have workers compensation included in their business coverage. There are four components to workers compensation coverage:
- Medical Payment
There is no limit as to how much medical or surgical expenses the employer/insured will be obligated to pay.
- Disability Income
Payments to an employee for loss of wages. Total disability refers to an employee's total inability to work.
- Death Benefits
Death benefits pay for funeral and burial expenses, including consistent amounts of income to the family of the deceased.
- Rehabilitation Expenses
These expenses include physical therapy, vocational training, travel expenses, etc.
Employer's liability covers the insured if an employee is sued by a third party or if an employee's family sues the insured (the business entity).
*Resource:
Insurance Information Institutes' WC Policies
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