Taylor Insurance Group

WORKERS' COMPENSATION Insurance

What is Workers' Compensation?

IMA1029.jpgWorkers' compensation provides money and medical benefits to an employee who has an injury as a result of an accident, injury or occupational disease on-the-job. Workers' compensation is designed to protect workers and their dependents against the hardships from injury or death arising out of the work environment. It is intended to benefit the employee and employer alike. The employee receives money (usually on a weekly or biweekly basis) and medical benefits in exchange for forfeiting the common law right to sue the employer. The employer benefits by receiving immunity from court actions against them by the employee in exchange for accepting liability that is limited and determined. The question of negligence or fault is usually not at issue.

 

Required to carry Workers’ Compensation?  Contact us to get your best quote and help find answers to questions you may have.
 

Who can qualify for an exemption? An applicant must be an individual who is a sole proprietor and owns 100% of the assets of the business, or an officer of a corporation, or a member of a limited liability company with at least a 20% ownership interest, or a partner in a partnership with at least a 20% ownership interest. In addition, an applicant may qualify for the exemption if the applicant and members of the same family of the applicant hold at least 95% ownership of the business. 

To file for exemption:   Contact Tennessee Workers’ Compensation Exemption Registry Online with this link:  http://tnbear.tn.gov/wc/

 

Contact us today for more information about Commercial Insurance or fill out our online quote form.

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about us

Since 1991, the Taylor Insurance Group has represented many of the most respected insurance companies in America. It's enabled us to meet the most comprehensive insurance needs of our clients while growing into one of the most successful independent insurance and risk management organizations in Mt Juliet and Middle Tennessee.

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