Workers’ compensation coverage is required for ALL employment, and employers are liable for anyone they employ, including independent contractors and subcontractors.
The Workers’ Compensation markets both in Vermont and nationwide continue to experience hard market conditions. Vermont’s system can seem a complicated process, but with a general understanding of the system and a commitment to good practice, an employer can achieve some control over their workers’ comp program and relieve some of the harsh market conditions.
The Vermont Department of Financial Regulation offers a Vermont Business Owner’s Guide to Workers’ Compensation Insurance, the guide can be found here. Topics include: what to do in the event of an accident on the job; purchasing insurance and controlling costs; types of benefits for injured workers and more!
Workers Comp Corner is sponsored by National Financial Partners: For more information or rates on Workers’ Compensation or any other business insurance contact Chuck Rose at National Financial Partners, 802-775-4443 or chuck.rose@nfp.com
www.nfp.com/poulos
