Workers Compensation Insurance in GA

Presents: 

What are the policy limits for Workers’ Comp?

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Even though Workers’ Compensation is one policy, there are two major parts. Depending on the part, there are different policy limits. The difference is important when understanding how much will be paid to the injured employee.

The first part, Part A, does not have a set limit when it comes to how much employees will be paid. The amount paid is

set by the Workers’ Compensation Board in each state. When figuring out how much this will be, the Board takes into account weekly salary and the severity of the injury. Compensation will also be made for the medical tab.

The second part, Part B or Employers’ Liability, does have set limits. For most states the limits are $100,000 per occurrence for bodily injury, $100,000 per employee for bodily injury by disease and a $500,000 policy limit for bodily injury by disease. State fund policies do not provide employers’ liability coverage. Employers are generally encouraged to increase their limits for this coverage. For a low premium increase you can normally get a significantly higher coverage limit, which makes it worth it.

Have questions about Workers’ Compensation limits or just want to start figuring out your own policy? Contact Gillman Insurance today and we will help you solve your problems!

Find us on Social Media, call 678.297.7977 or get an online Atlanta Workers Compensation GA Insurance Quote