Workers Compensation Insurance in Missouri & Illinois
Your employees are the heart of your business. When someone is injured or becomes ill because of their job, workers compensation insurance helps cover their medical care and lost wages while protecting your business from related lawsuits. At The Milburn Agency in Florissant, MO, we help employers across St. Louis and Missouri find workers compensation coverage that meets state requirements and fits their workforce.
What Does Workers Compensation Insurance Cover?
Workers compensation insurance provides benefits to employees who suffer work-related injuries or illnesses. Coverage typically includes:
- Medical Expenses: Pays for doctor visits, hospital stays, surgery, prescriptions, and other treatment for work-related injuries.
- Lost Wages: Replaces a portion of an employee's income while they're unable to work during recovery.
- Rehabilitation Costs: Covers physical therapy and other services that help injured employees return to work.
- Death Benefits: Provides financial support to the families of employees who lose their lives due to a work-related incident.
- Employer's Liability Coverage: Protects your business if an employee sues over a workplace injury.
Who Needs Workers Compensation Insurance?
In Missouri, most employers with five or more employees are required to carry workers compensation insurance, and construction industry employers are required to carry it with even one employee. Requirements differ in Illinois and Wisconsin. Workers compensation is especially important for:
- Contractors, construction companies, and trade businesses
- Restaurants and retail stores
- Manufacturing and warehouse operations
- Healthcare and personal care providers
- Any business with employees who perform physical work
Benefits of Workers Compensation Insurance
Workers compensation insurance protects both your employees and your business. Key benefits include:
- Helps your business meet state insurance requirements
- Medical care and wage replacement for injured employees
- Protection from costly employee injury lawsuits
- Support for a safer, more confident workforce
Contact Us for Workers Compensation Insurance
Understanding workers compensation requirements can be challenging, and The Milburn Agency is here to help. Our team in Florissant, MO, can help you review your needs and compare workers compensation options for your business. Contact us today to request a quote.
