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How accident effects at work compensation?
If an employee injures themselves on the job, there is workers compensation that will be offered to the employee. The point of workers compensation is to supplement the income of an injured person while they are not able to work.
Why was workers compensation insurance first offered by companies?
Workers' compensation is an insurance that provides income to employees who have been hurt on the job. This type of insurance was originally offered to prevent lawsuits from injured employees but eventually became a requirement in the United States.
What is the definition of compensation and benefits?
In Georgia, Workers' Compensation benefits on an accepted claim cover INCOME and MEDICAL benefits. Those are covered by the WC insurance company. The availablity of other employer offered benefits depends on the employer.
What is the purpose of free stock options?
Free stock options are often in the form of employee stock options, where an employee is offered stock in the company as a form of non-monetary compensation.
Do you keep your health insurance while on workmens compensation?
Yes, the insurance is kept but you must pay the full amount your employer paid. If not Cobra insurance will be offered at a very expensive rate.
What is employee separation compensation?
Employee separation compensation is an amount of money above regular wages. It is paid to employees who are leaving a company. Generally, this extra money is only paid when the company is going to be downsizing, is sold, or is going to close. An employee may also be offered separation compensation as an incentive to retire early.
Can you receive financial compensation from your employer if you do not take your employer's health insurance?
Yes. A company may offer a credit if you decline insurance as long as you have other coverage. If you dont have other coverage you can't opt out of insurance if offered by your company
Where can one obtain sports travel insurance?
Sports travel insurance is offered by companies such as DOGTAG, SportsCover Direct, and Harrison Beaumont. This type of insurance provides compensation in the event of an accident while an athlete is competing far from home.
How can you get employers liability insurance?
Employer's liability insurance is generally offered as a component of a worker's compensation policy. You should always check with your employer since all employer's have different policies regarding the matter.
What types of insurance are offered by Penn National?
Penn National Insurance can be found in nine states of America. The company provide various types of insurance cover including business insurance (auto, general liability, worker's compensation etc.), and also personal insurance (homeowners, boat, renters, auto etc.).
What is Mackoul and Associates Inc Insurance Company?
Mackoul & Associates, Inc. specializes in the insurance of Cooperatives and Condominiums. Other insurance offered includes Commercial Insurance, Business Auto Insurance, Error & Omissions Liability, Business Life Insurance, Insurance for Small Business Owners, Worker Compensation and Short Term Disability, as well as Group Health Insurance. Personal Insurance offered includes Automobile, Coop/Condo Owners, Personal Umbrella, Watercraft, Disability Insurance, Homeowners Insurance, Renter's Insurance, Floater's Insurance, Life Insurance and Long Term Care Insurance.
Does employer have to provide health insurance for employee's spouse?
No. Federal Law (ERISA) does not require that health benefits are offered at all. They can make those restrictions if they want to.
