All businesses with workers in California and Nevada are required to have Workers’ Compensation Insurance. But do you know that Word & Brown’s partnership with CompNet Insurance Solutions makes it easy for you to offer Workers’ Comp coverage? Best of all, you don’t need a Property + Casualty (P+C) license.
You can expand your service to existing clients – and attract new clients – by broadening your services to include Workers’ Compensation Insurance. Your clients will appreciate being able to get more coverage through a single source: you.
What Is Workers’ Comp?
The concept that workers should be protected from injury or illness on the job traces its roots to the rise of the trade union movement at the beginning of the 20th century.
Workers’ Compensation Insurance is a direct result of public awareness and outrage at the poor, often dangerous, working conditions people were forced to labor under in order to make a living. It also was influenced by the financially devastating effects of work-related injuries or illnesses – impacting both workers and their families.
Workers’ Compensation Insurance is the oldest social insurance program in the United States. It is, in fact, older than Social Security and unemployment compensation (both starting in the 1930s).
California adopted several workers’ compensation laws in the 1910s. Nevada followed in 1913. Workers’ compensation is a no-fault system, which means that an injured employee does not need to prove that the injury or illness was someone else’s fault to receive benefits for an on-the-job injury or illness.
What Benefits Are Offered?
Depending on the circumstances of the injury or illness, workers are entitled to specific benefits as structured by Workers’ Compensation plans. There are five basic types of benefits: medical care, temporary disability benefits, permanent disability benefits, supplemental job displacement benefits, and death benefits. Injured workers may be entitled to one or more of these benefits.
Why Choose CompNet?
A range of Workers’ Compensation plans is available from CompNet. The company offers top insurers, competitive pricing, convenient payment options (including no down payment and no installation fees), and online claim submission.
Carriers vary by state, but CompNet’s roster of insurers includes Berkshire Hathaway GUARD Insurance Company, Employers Insurance, Hiscox, Markel, and others.
Why Say Yes?
No P+C license is necessary for you. You’ll earn a referral fee on any quote that turns into a sale. Your client relationships are 100% protected. They will not be solicited for anything other than P+C.
CompNet strives to make Workers’ Comp easy, fast, accessible, and affordable for businesses. They provide product benefits unmatched by other Workers’ Comp offers. Plus, you can feel secure in knowing that you’re gaining coverage through carriers with high ratings from A.M Best.
Most of your customers – particularly your employee benefits clients – are required to have Workers’ Comp coverage. Give your clients the opportunity to get it from you and strengthen your bond.
It’s easy to learn more or get a quote – call David Bedard at (508) 397-7906 or link to the CompNet web page.
Seize your opportunity! Act now to add CompNet Workers’ Compensation protection to your range of services. These plans are available to you only because of your relationship with Word & Brown.
