Worker Compensation Insurance: How To Ensure Payment Of Your Claim

Find out all about workers’ compensation insurance; how is it different from accident health insurance; how it pays your compensation after an accident at work and benefits for workplace safety by involving your employer’s insurer in your claim.

what is workers compensation insurance?

An injury at work is one of the most common types of accidents in the UK. While most injuries are minor, resulting in a quick recovery period and little compensation claim, some injuries are very serious, resulting in permanent disability and a large amount of lost income.

Reading: How does worker compensation insurance work

If your employer had to pay for a large claim out of pocket, your business would quickly go out of business or simply be unable to pay.

to ensure your right as an employee to receive the compensation to which you are entitled; UK law requires your employer to have an insurance policy that pays his compensation claim if he is injured in the workplace; This policy is known as “workers’ compensation insurance.”

what is accident health insurance?

Accidental Sickness Insurance is also known as Accidental Sickness Unemployment Insurance. It is a private policy that you can take out as an employee that will make certain payments on your behalf if you are absent from work or lose your job as a result of an accident or illness.

This is not the same as workers’ compensation insurance that your employer purchases and actually pays your compensation claim.

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If you have an accident health insurance policy, let your attorney know as it could affect the amount of lost earnings you can claim as part of your compensation.

Who are you claiming against: your employer or their insurance company?

You should always make a claim against your employer. Once a claim has been filed against you, they will forward the claim to your insurance company to process on your behalf.

The insurance company will investigate your accident and pay your compensation only if they are satisfied that your employer was responsible for your injuries. In other words, the workers’ compensation insurance carrier will “indemnify” your employer for any substantiated workers’ compensation claims.

Workers compensation insurers will not take your claim seriously unless a specialist attorney is involved, and even then, it is often necessary for your attorney to start your claim in court in order for you to obtain the correct amount of compensation.

Do you still have a claim if your employer has filed for bankruptcy before your compensation claim is finalized?

“yes” – As long as your employer was insured at the time of your accident, your insurance policy will continue to cover your liability even if you are bankrupt or no longer in business.

what are the advantages to your workplace safety in filing a compensation claim?

You’ll be pleased to know that the benefits are quite significant.

Because workers’ compensation insurance companies don’t like to pay out big bucks too often, pressure will be put on your employer to eliminate the hazards that caused your accident. a simple warning that your employer will not be insured for similar accidents is usually enough for you to change your ways.

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moreover, your employer will have to report the accident to the health and safety executive, who will make sure all hazards are removed.

See our article on Workplace Accident Records: To learn what records your employer must keep, including a riddor report to the hse.

So, the advantage of filing a workplace accident claim is simple: Your employer will eliminate the workplace hazard that caused your accident, thereby eliminating the risk of injury to any other employee. like you.

You are doing both your employer and your co-workers a service by filing a claim: your employer will be obligated to eliminate the hazard that caused your accident and thus eliminate the risk of a co-worker being seriously injured. the same way. remember that your injury may be small, but a co-worker’s injury could be much worse.

summary of workers’ compensation insurance & next steps

Now you know all about workers’ compensation insurance; how is it different from accident health insurance; how it can be used to pay your compensation claim and force your employer to remedy any workplace hazards.

See our article on accidents on the job: to learn the types of compensation you can claim from your employer’s workers’ compensation insurance for a workplace injury.

Remember: You can access free online help from our specialist attorney at any time.

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