Benefits of Workers Compensation Insurance

The major benefit of workers compensation insurance are the payment for losing wages, medical care, in some regrettable instances like death benefits and physical rehabilitation. Whenever you are having temporary or permanent disability, you will be able to acquire your lost payment.

The workers compensation law states in Florida that injured worker will experience the benefits of rehab program. After the rehab treatment, both the employer and employee will be able to re-enter the workforce soon.

In each and every case, the insurance carrier decides whether an employee get comp benefits or not. They have the authority to approve any kind of rehabilitation or lump sum payments.

You should first file a claim within one year from the time of your injury. This claim can be file by the employee himself or his/her family members. If you will wait for a longer to file your compensation claim, then it will have the chances of being suspicious or fraud. Therefore, it is very essential to file your claim as soon as possible.

Workers Comp Insurance

Also you need to give notification about your injury to your employing company within 30 days of your injury. But the time span gets varied from place to place. But in most of the state 30days is mandatory.

Once the employer gets acquainted about your injury, after that they will submit a report to the worker's compensation board and also the employer gives notification to the insurance carrier. After that you will get the pay of your medical bill as well as your wages.

If your claim is rejected by the compensation insurance carrier, then you need to appeal to the worker's compensation board. If your claim is again rejected then you will need to contact the organization Cemory Cross CLU who can assist you in achieving your goal.

If you want to know more information, then visit our site at http://www.cemorycross.com/.

Why Is It Required to Have Worker's Compensation Insurance?

The employers in Florida should carry a worker's compensation insurance to cover their employees in the occasion of on-site injury or accident. They should not take risk in operating their establishment without having any kind of insurance coverage. Without having any worker's compensation insurance, if an employer continues his work in the state of Florida, then he has to pay a severe amount of penalty for compensating their employees.

Who is suitable to purchase worker's compensation insurance?

Employers in Florida having four or more employees whether they are doing their work on part-time or full-time basis, they should provide worker's insurance to their employees. If the employer owns a construction factory and all the employees working under public service, then they should buy compensation insurance.

Worker's Compensation Exemption

If you want to file an application then you should do it on individual basis because an individual application filing may lead to completion of the entire process also the filing must meet the eligibility requirements.

Florida Workers Compensation

Out-of State Employers

If the employer belonging from out-of state and have at least one employee working under him, then he should buy a licensed compensation insurance which is authorized in Florida.

Sole Business owner

A sole business proprietor is not able to experience the benefits of worker's compensation insurance because of his own business. If that particular sole proprietor picks to establish his business on partnership basis, then he has to buy this insurance policy.

Business Owners

In Florida, there is law stating that, employees working under subcontractors are referred as the employee of the general contractors; therefore the general contractor should buy this insurance to ease the life of their employees.

C.Emory Cross CLU, a reliable organization is having experience in dealing with Florida Compensation insurance since 40 years. If you have any queries, then call us at (813) 505-2569.