Massachusetts Workers Compensation Insurance Coverge is Mandated by the Commonwealth
Workers Compensation Insurance Coverage is mandated by the state of Massachusetts and as such must be purchased by any employer to protect an employee while on the job and performing work related tasks. Being a requirement of the state makes this type of insurance necessary and cannot be overlooked by a business owner. If not in place in time of an accident the business owner can and will face fines and major penalties and also would be forced to pay any injury damages to your employee(s). So the cost of not having this vital insurance in place could be as much as hundreds of thousands of dollars and cause a business to completely shut down.
Workers comp. is also referred to as Employers Liability Insurance and is one the most important insurance needs of any business. Because it is a No Fault Insurance no matter what the reason or fault it will always pay; so the business owners liability is completely covered in terms of payment to the employee.
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