The bolt workers’ compensation options can go beyond the industry standard, adding
valuable coverage at nominal cost with our Extended Options Broad Form Endorsement
that adds important enhancements.
Basic Coverage for Work-related Injuries or Illnesses, Lost Wages, and Medical Care
| Coverage | How You Will Benefit |
| Basic Coverages for Work-related Injuries or Illnesses. Lost Wages and Medical Care | Lost wages and Medical Care: Policies can includes compensation for lost wages, the cost for medical care and rehabilitation and legal services related to a workers’ compensation or employer’s liability claim. To complement these coverage’s, Carriers can also provides a whole host of unique services that help you better manage claims…before the injury, after the injury and during the recovery process. These special services include: loss control services, early claim reporting, countrywide provider networks, nurse case managers, catastrophic injury care and vocational rehabilitation. |
| Employer’s Liability in Monopolistic States | In some states, the state governments mandate that employers purchase workers’ compensation insurance from the state fund. If one of your employees travels to one of these states and is injured, files a workers’ compensation claim, that state’s laws would apply. In such a situation, you’ll be reassured to know that we can provide “employer’s liability” coverage. This coverage would pay for related expenses and damages in case you are sued for the employment-related injury or illness. |
| Employer’s Liability | To recover benefits under your state’s workers’ compensation law, your employees don’t have to prove you were somehow responsible for their employment-related accident or disease. But under certain circumstances, they may be able to successfully sue your business to recover damages beyond the workers’ compensation benefits. If so, you’ll be comforted to know that the employer’s liability portion of your workers’ compensation policy can pay for the damages awarded to your injured employee as well as the legal expenses involved in such a suit. This coverage may also provide certain benefits if you are sued by a third party affected by a workplace injury, such as a family member of the injured worker. |
| Fraud Investigations | Unfortunately, fraudulent claims add to every employer’s workers’ compensation costs Some carriers have set up special fraud investigative units, primarily staffed with former law enforcement officials. These units are dedicated to detecting and prosecuting fraud. Our claim professionals can also coach you on how to spot and handle a potentially fraudulent claim. |
| Legal Expenses | You won’t have to worry about bearing legal expenses related to a workers’ compensation or employer’s liability claim. In fact, our carriers will assume the responsibility of investigating, defending and settling related claims, proceedings or suits. We will also supply the services of an attorney to represent you in such a suit. In short, we will: pay the cost of defending you in hearings, suits, etc, that result from occurrences covered by workers’ compensation; and pay damages if you are successfully sued because of a job-related injury or disease. |
| Managed Care Services | To help cut the cost of employers’ losses and improve the quality of employees’ care, You will get support in proven managed care techniques to its handling of workers’ compensation cases. Among the managed care services your business may benefit from are: Provider Networks — pre-screened networks of health care providers who deliver quality services at a discounted rate. Nurse Case Managers — experienced registered nurses who serve as advocates for injured |
| Third-Party Suits | If your employees are injured in an accident, they may try to sue a “third party” (a company other than yours) if they believe that party is somehow responsible for their injury. In turn, that third party may sue you if it believes your company is legally liable for the accident. For example, an employee injured while using a piece of equipment may sue the equipment manufacturer for some alleged negligence or faulty design. However, the manufacturers can then turn around and sue your company if they believe the accident was instead caused by your improper maintenance of the equipment. In this situation, the Employer’s Liability coverage of your policy is designed to pay any damages awarded by the court to compensate for the bodily injury. |
| Traveling on Business | Most workers’ compensation policies only provide coverage for the states in which you do business, as specified in your actual policy. However, Top Policies extend workers’ compensation coverage to other countries for employees traveling outside the standard policy territory. |
Don’t leave your workers without comprehensive coverage, call bolt insurance today
to set up a Workers Comp coverage review.
The information provided in this material is intended to be general and advisory
in nature and should not be considered legal advice. Certain coverage and features
and vary by state and may not be available to all insureds. All coverages are individually
underwritten.
