123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Insurance >> View Article

Workmen Compensation Insurance

Profile Picture
By Author: John
Total Articles: 12
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Workmen Compensation Insurance

Worker's Compensation also referred to as ‘Workman's Compensation' or simply ‘Worker's Comp' is the insurance that protects an injured worker at job both on-site and off-site. This is to make sure that an injured employee receives good medical care, gets his on-the- job pay uninterrupted and retraining him to become a part of the company's work force. Even when an employee has been killed, the workmen's comp gives benefits to the workers' family members.

There are also some restrictions on the Workmen Compensation Insurance law as laid by the State especially on benefits that are collected by workers that have been injured due to willful misconduct or from intoxication

There are also some special federal laws that provide extra coverage and benefits to various classes of workers:

The Jones Act- also called as the ‘Merchant Marine Act' provides protection and coverage to sailors and other sea men .These benefits are aptly called, ‘maintenance and cure' for employees that have injured themselves while working on any U.S flagged vehicles. They normally ...
... include daily wages for the injured, food and shelter.

FELA- the Federal Employment Liability Act- provides coverage and benefits to employees that have been injured as a result of railroad negligence. This could include his wages and living expenditure.

The Long shore and Harbor Worker's Act - LHWCA covers workers of certain classes for the private maritime employer who are injured in a sea travel

The Black Lung benefits Act- covers workers that have developed ‘black lung' or pneumoconiosis as a result of working in a mine.

Asbestos -related injuries : There are certain other acts that also cover employees that have been hurt by asbestos exposure in the industry

Filing lawsuit against the Employer:

An Employee that has been covered by the worker's compensation Insurance may not file a suit against the employer. There are however a few exceptions in this case. As:
An employer hurts the employee intentionally
An employer has failed to carry a worker's compensation insurance and is not doing so!

Placing a ‘Lien' on a personal injury case:

‘Lien' or a ‘subrogation ‘can be placed by the company that is covering the insurance for an injured employer. The insurer then asks for a ‘reimbursement' from a third party who is also involved in the accident. These kinds of ‘liens' are allowed in different Sates with different rules and laws. They normally cover the workers costs of lost wages, medical care and rehabilitation

Workmen Compensation Insurance

Total Views: 183Word Count: 402See All articles From Author

Add Comment

Insurance Articles

1. The Future Of String Instruments In A Gist
Author: micheljordan4

2. Expert Tips For Comparing Car Insurance Policies In Dubai
Author: Stephan Rose

3. Comprehensive Bus Insurance – Reliable Protection For Your Fleet
Author: policydigit

4. Unique Challenges In Insuring Vintage Musical Instruments
Author: musicinstrumentsins

5. The Qualities Of The Leading Musical Instrument Dealer
Author: victor12johnson

6. Comprehensive Car Insurance: Complete Protection For Your Vehicle
Author: policydigit

7. Saving Money On Viola Insurance Premiums Without Compromising Coverage
Author: micheljordan4

8. Affordable Third Party Insurance For Tata Ace – Comprehensive Coverage
Author: policydigit

9. Flute Insurance And Music Festivals: Understanding The Chemistry
Author: musicinstrumentsins

10. Insurance For Retailers - Trends And Innovations
Author: victor12johnson

11. A Complete Guide To Fully Comprehensive Car Insurance In The Uae
Author: Stephan Rose

12. Get The Best Ashok Leyland Insurance Price
Author: policydigit

13. The Growing Popularity Of Cosmetic Surgery And Smart Money-saving Tips
Author: Ron

14. Famous Cellists Throughout History
Author: micheljordan4

15. Do You Insure Your Child's Oboe Instrument?
Author: musicinstrumentsins

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: