In the state of North Carolina, the Workers Compensation Act was instituted in 1929 and to this day, is necessary for any business small or large that has employees.
As a commercial organization, your success and profitability depends on the well-being of your employees and their ability to remain productive. Worker’s compensation insurance protects your employees from any financial hardships associated with work-related injuries. By providing “replacement income” and medical benefits when employees are forced to stay home due to a work injury, your insurance coverage safeguards their future. In the state of North Carolina, an employee is entitled to receive compensation payments until he or she can return to work. Not only does this type of insurance protect your business from lawsuits, but it also adds to the respect and trust that your employees place in you.