Saturday, September 1, 2007

What is workmen's comp insurance?

Workmen's Comp Insurance is a type of insurance required by each state (some exceptions are made) to cover the employer when a worker is injured on the job. Some of the earliest workmen's comp insurance requirements became a reality in the early 1800's. Before this employees received no help when injured while working and often sued the company winning damages that could put the employer out of business. This type of insurance is paid for wholly by the company.... an employee is never required to contribute.

Every state has different requirements for Workmen's Comp insurance. The easiest way to get this insurance while staying on top of state requirements is to partner with a Professional Employer Organization (PEO). To find the perfect PEO visit http://www.PEO-Quote.com

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