Every employer is required by law to take measures to protect employees in case they are unable to carry out their duties. Even though it may seem like a workers compensation policy is enough, this is not always the case. There are incidences or even health concerns that are not covered under the workers compensation plan. If you need employers liability Oklahoma is a good place to begin the hunt for top rated insurers.
An employers liability insurance policy can protect an employer in various situations. To begin with, your coverage would protect you if you a workplace injury leaves you battling with personal injury claims. If a worker can prove that your negligence caused a specific accident, then he or she could get workers compensation to get medical bills settled and still sue you for further damages.
For instance, a worker who trips on the stairwell can claim that you did not provide adequate lighting. The workers compensation policy would foot for medical expenses and lost wages. In the event where you are held at fault and the injured employee pursues payment for additional damages, your employers liability insurance would come in handy.
At this point, you are possibly wondering what your policy can pay for. Well, it can pay for both court costs and attorneys fee. It can also provide settlement if the injured employee wins and you are forced to pay for personal injury. Generally, your employers liability coverage would ensure that your business survives a lawsuit that is based on a negligence claim.
Your policy will be able to cover a wide range of claims. To begin with, it could protect you in case of a third-party over action lawsuit. Normally, if a worker wants to benefit from workers compensation, he or she must first give up the right to sue you for personal injuries. Even so, there is nothing stopping an employee injured by a machine from suing the manufacturer of this equipment. In case this happens and the manufacturer in question decides to also sue you, your employer liability policy would come in handy.
The coverage can also protect you from liability in case of a loss of consortium claim. This is when the spouse of your injured employee sues you because the work-related accident also brought about familial relationship problems. This often happens when a worker dies or suffers serious injuries.
Your coverage would also protect you in case of a dual capacity lawsuit. This is when the injured employee has more than one relationship with the employer. To illustrate, a worker who is injured by a product manufactured by your company can sue you as an employer and also as a manufacturer.
Finally, your coverage would protect you from being held liable for consequential damage or consequential bodily injury. Such claims are also usually filed by the injured workers spouses. This happens when a spouse suffers bodily injuries because of the workplace injuries of their marriage partners. For example, the spouse of an injured employee can claim to have suffered a stroke because of all the stress allied to nursing the wounds of the injured partner.
An employers liability insurance policy can protect an employer in various situations. To begin with, your coverage would protect you if you a workplace injury leaves you battling with personal injury claims. If a worker can prove that your negligence caused a specific accident, then he or she could get workers compensation to get medical bills settled and still sue you for further damages.
For instance, a worker who trips on the stairwell can claim that you did not provide adequate lighting. The workers compensation policy would foot for medical expenses and lost wages. In the event where you are held at fault and the injured employee pursues payment for additional damages, your employers liability insurance would come in handy.
At this point, you are possibly wondering what your policy can pay for. Well, it can pay for both court costs and attorneys fee. It can also provide settlement if the injured employee wins and you are forced to pay for personal injury. Generally, your employers liability coverage would ensure that your business survives a lawsuit that is based on a negligence claim.
Your policy will be able to cover a wide range of claims. To begin with, it could protect you in case of a third-party over action lawsuit. Normally, if a worker wants to benefit from workers compensation, he or she must first give up the right to sue you for personal injuries. Even so, there is nothing stopping an employee injured by a machine from suing the manufacturer of this equipment. In case this happens and the manufacturer in question decides to also sue you, your employer liability policy would come in handy.
The coverage can also protect you from liability in case of a loss of consortium claim. This is when the spouse of your injured employee sues you because the work-related accident also brought about familial relationship problems. This often happens when a worker dies or suffers serious injuries.
Your coverage would also protect you in case of a dual capacity lawsuit. This is when the injured employee has more than one relationship with the employer. To illustrate, a worker who is injured by a product manufactured by your company can sue you as an employer and also as a manufacturer.
Finally, your coverage would protect you from being held liable for consequential damage or consequential bodily injury. Such claims are also usually filed by the injured workers spouses. This happens when a spouse suffers bodily injuries because of the workplace injuries of their marriage partners. For example, the spouse of an injured employee can claim to have suffered a stroke because of all the stress allied to nursing the wounds of the injured partner.
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You can find a summary of the reasons why you should compare employers liability Oklahoma insurance quotes online at http://www.oaktreeagency.com right now.
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