Workplace accidents can seem like a daily occurrence in some industries. Preparation can be critical even if your sector is not prone to life-threatening injuries. Nobody can anticipate the future, and having a plan in place could save you from heavy financial losses.
Kansas law requires most employers to have valid Workers’ Compensation insurance coverage. Workers’ Compensation can provide employers and employees with financial security if they are injured on the job or become sick due to their work conditions.
PolicySweet® strives to make obtaining Workers’ Compensation easy by offering affordable plans for your business needs in Kansas. With our simple online process, you can get the coverage you are looking for! Request your free instant insurance quote today!
How Does Workers’ Compensation Work in Kansas?
Most employers are legally obligated to purchase Workers’ Compensation insurance for their employees, or they could face expensive penalties of $25,000 or more. Other grounds for penalty include forging an insurance policy and making fraudulent insurance claims.
If an employee becomes injured or develops an illness due to the nature of the work, they should inform their employer about their condition within 10 to 20 days.
The employer should submit a First Report of Injury (FROI) form to the Kansas Division of Workers’ Compensation within 28 days. If the accident is approved, the employer can pay for medical expenses and provide other benefits to the employee.
Which Kansas Employers Are Excluded From Workers’ Compensation?
According to the Kansas Division of Workers’ Compensation, certain employees, employers, or entities could be exempt from providing Workers’ Compensation coverage. These include:
- Those working in the agricultural sector;
- Realtors who identify as independent contractors;
- Firefighters covered by the firefighters’ relief association programs;
- Some owner-operator transport or logistics drivers;
- Sole proprietors and LLC members; and
- Employees who are earning less than $20,000 a year.
These exemptions have particular qualifications, so you should make sure you read up on them to verify if they could apply to you.
Different Types of Workers’ Compensation Benefits in Kansas?
Workers’ Compensation benefits generally help to cover medical expenses and income replacement. However, the amount an injured employee could receive varies according to the extent of their injury or illness.
Why Should You Purchase a Workers’ Compensation Policy?
There are several reasons why you should consider purchasing a Workers’ Compensation policy for your business, such as the following:
Legal and Ethical Responsibility
As an employer, you may have legal and ethical obligations to help ensure your employees are safe and secure inside the workplace. If they get injured, you should be able to provide them with the necessary financial assistance through Workers’ Compensation insurance.
Boost Employee Trust and Confidence
Benefits can be a top consideration for employees when choosing which company they work with. That’s because medical coverage can be essential, especially during emergencies and times of financial difficulty.
By having a Workers’ Compensation policy in place, you can show your employees that you are willing to pay for their medical bills if they get injured or ill due to the nature of their work. This can also show that you care for the wellness of your employees.
Protect Yourself From Financial Loss
Without Workers’ Compensation, you may be responsible for paying for medical costs and other benefits of an injured employee out of pocket. On top of that, you could also have to shoulder the legal fines and other penalties associated with not providing Workers’ Compensation benefits. This could quickly deplete your financial resources and may leave you with a hefty bill.
Save the Reputation of Your Business
Maintaining a good public image can be essential for businesses regardless of their size. Having Workers’ Compensation insurance could show that you are responsible and compassionate towards your employees and know the legal responsibilities of running a business. This could go a long way in establishing trust and loyalty with your team and the local community.
Request Your Free and Instant Insurance Quote Today
With accidents looming around the corner, you should help protect yourself and your team with a comprehensive Workers’ Compensation plan. Fortunately, PolicySweet offers a range of insurance options tailored to small businesses. Our plans can save you money while helping to provide the protection your employees might need.
We can customize your Workers’ Compensation plans according to the nature of your industry and number of employees. With our simple three-step process, you can get an instant quote and purchase your policy quickly.
Start the process today and help protect your business from unexpected workplace accidents. Request your free instant insurance quote now!
Please Note: State-specific information is subject to change at any time. Always consult with your state’s official information and resources for the most accurate information.