You Have To Ask Yourself Is The Cost Savings Really Worth It?
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by JB Woods
2012 ? Greenpoint Insurance Advisors, LLC
If you?re operating a business in Colorado without workers compensation insurance, which is used to cover employees who might get injured on the job you are taking a BIG chance. ? If an employee gets injured?your life could be ruined.? You could possibly end up paying legal and settlement charges for a very long time.? The financial and emotional toll it will take on you and your company will be exhausting.? If you don?t think it doesn?t happen?you?re wrong. ? ?
Maybe you?re not aware of this fact: ?workers compensation insurance is required by law when you have employees in your business. ? This insurance provides financial resources and medical benefits for employees who are injured while on the job.
You have to ask yourself?is it worth the risk of not having workers compensation.? How much money are you really saving??
Ignorance is no excuse for not providing workers compensation insurance. ?The Colorado Department of Workers Compensation continues to receive anonymous phone calls everyday identifying companies who operate without workers compensation.
Our agency recently had a frantic business owner call us for workers compensation after one of his employees was burned while on the job.? This employee is going to live with medical bills, physical and emotional trauma for the rest of their lives.? Now the business owner is in a real mess.? Unfortunately, a business cannot buy workers compensation insurance after something has gone wrong. ?
Please visit our online application for workers compensation if you own a Colorado company.?
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