Innovative insuretech platform BizInsure has officially launched new workers compensation insurance product for small businesses.
Workers compensation insurance is essential for many small businesses and can be arranged online in minutes through the platform, creating a smooth and effortless purchase experience.
The product is already available through Bizinsure.com for hundreds of professions, including:
- Architects and engineers
- Miscellaneous medical professions
- Retail businesses
- Consultants
Workers compensation insurance provides financial protection for businesses if their employees sue them for work related injuries and illnesses. Workers compensation insurance also help protect businesses by keeping them compliant with their state regulations.
The employers liability insurance is typically included in workers compensation insurance coverage, which protects employers from lawsuits related to workplace injuries and negligence.
Workers compensation insurance also protects employees by providing coverage for:
- Medical care
- Replacement of lost wages when taking time off to recover
- Funeral costs paid for if they were to pass away
- Disability support costs
For self-employed sole traders with no employees, you will need to check the state legislations, as workers compensation insurance requirements depend on your business’ location. Not having Workers Compensation insurance when required could result in financial penalties.
BizInsure’s V.P. Technology Pavel Yurkov states: “We are happy to bring this amzing product to U.S businesses and turn the purchase of workers compensation insurance into an easy experience.”
To obtain a quote or get further information please go to www.bizinsure.com.
About BizInsure: BizInsure is the leading insuretech company based in California. Starting in Australia back in 2008 as BizCover, the brand expanded its wings to the shores of USA in 2012 launching as BizInsure. Bringing new game-changer experience to the online insurance platform for small businesses, BizInsure is fiercely committed to delivering competitive, transparent pricing and hassle-free insurance services.
