© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - 7 Misconceptions About Workers’ Comp Insurance
Posted 3rd December 2021

7 Misconceptions About Workers’ Comp Insurance

Workers’ compensation is an important right, yet too many people are unaware of exactly what workers’ comp is or what you’re entitled to. To set the record straight, take a look at these seven misconceptions about workers’ comp insurance now:

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

7 Misconceptions About Workers’ Comp Insurance

Workers Compensation

Workers’ compensation is an important right, yet too many people are unaware of exactly what workers’ comp is or what you’re entitled to. To set the record straight, take a look at these seven misconceptions about workers’ comp insurance now:

 

1. Workers’ Comp Never Pays Out

Making a workers’ compensation claim might seem like an unnecessary hassle, but it can certainly be worthwhile. Statistics show that workers’ comp claims pay out more than $62 billion each year, so why miss out on the funds you’re entitled to?

 

2. Getting Injured at Work in Atlanta is Rare

Sadly, millions of people sustain workplace injuries every year. In fact, in private industry, 2.2 instances of workplace injuries per 100 full-time equivalent workers were reported in 2020 alone. With so many people sustaining work-related harm in Atlanta, it’s vital that everyone knows their rights when it comes to claiming workers’ compensation.

 

3. You Can Only Claim If Your Employer Was Negligent

Workers’ comp is designed to pay out regardless of who was at fault, so don’t hesitate to start your claim, even if you’re not sure who is technically liable for the incident. While you may be eligible to take other types of legal action if your employer was negligent, you don’t need to prove who was at fault to successfully obtain workers’ compensation.

 

4. You Can’t Claim for Illnesses

Workers’ compensation can be paid out for work-related illnesses, as well as injuries. Throughout 2020, private industries saw a sharp rise in the number of reported illnesses with more than 500,000 million cases being recorded.

 

5. You Won’t Get Much Compensation

When you make a successful workers’ comp claim, the amount you receive will depend on various factors, including the severity of your injury, the impact it has on your day-to-day life, and the cost of your medical treatment. Compensation often ranges from $18,000 to $27,000, with the average payout being recorded as $21,800. However, statistics also show that claimants tend to receive more compensation if they hire a lawyer to assist them with their workers’ comp claim.

 

6. There’s No Time Limit on How Long You’ve Got to Claim

Many people are unaware that there are strict deadlines in relation to claiming workers’ compensation, which means they are missing out on their chance to obtain the compensation they’re entitled to. If you’ve been hurt at work or contracted a work-related illness, check the workers’ comp regulations in your area to determine how long you’ve got to make a claim.

 

7. Making a Claim is Easy

Making a claim should be simple and straightforward, but it rarely is. From figuring out what type of compensation you’re entitled to and submitting the right documentation, obtaining compensation can be trickier than you think. With help from a workers’ comp attorney, however, you can increase your chances of making a successful claim and ensure that you meet the regulatory requirements for a timely payout.

 

Taking Action After a Workplace Accident

If you’ve been hurt at work or you’ve lost income because of a work-related illness, it’s vital to find out what your rights are. With the right professional advice, you can simplify the claims process and get the workers’ comp you deserve.

Categories: Finance, News


You Might Also Like
Read Full PostRead - Eye Icon
Zegona Acquisiton of Telecable
Innovation
03/08/2015Zegona Acquisiton of Telecable

Zegona Acquisiton of Telecable

Read Full PostRead - Eye Icon
India: The Rise  of a Sleeping Giant
Finance
02/10/2015India: The Rise of a Sleeping Giant

Lancers Network Limited is South Asia’s leading risk consulting firm, operating in the high-on-risk countries of the region and other parts of the world including Middle East and Asia Pacific countries.

Read Full PostRead - Eye Icon
Transforming Corporate Travel with ehotel®: A Global Shift in Efficiency and Innovation
Innovation
06/09/2024Transforming Corporate Travel with ehotel®: A Global Shift in Efficiency and Innovation

In today’s rapidly evolving business landscape, managing corporate travel efficiently while ensuring compliance with ever-changing regulations is more critical than ever.

Read Full PostRead - Eye Icon
Most Trusted for High-Value Transactions in the Caribbean
Strategy
29/06/2016Most Trusted for High-Value Transactions in the Caribbean

Emmanuel Jacques Almosnino is well renowned law firm, comprised of highly skilled international attorneys involved with tax, financing, real property and wealth management.

Read Full PostRead - Eye Icon
Avoiding the merger control blues
Legal
19/06/2018Avoiding the merger control blues

Effective handling of antitrust issues can help businesses bolster their negotiating position—whichever side of the deal they're on.

Read Full PostRead - Eye Icon
How Digital Wallet Development Is Changing Customer Payment Experiences
Finance
17/08/2026How Digital Wallet Development Is Changing Customer Payment Experiences

A decade ago, paying for something meant reaching for a card or counting out cash. Today, a growing share of transactions happen with a tap of a phone, a scan of a face, or a click inside an app. This shift didn’t happen by accident. It’s the resul

Read Full PostRead - Eye Icon
Why Companies Are Switching To Virtual Payment Cards
Strategy
10/01/2023Why Companies Are Switching To Virtual Payment Cards

Technological advancements led to the evolution of payment options, specifically virtual payment cards. Many companies have recently started incorporating virtual payment cards into their operations. Most consider it a way to streamline the purchasing process

Read Full PostRead - Eye Icon
Moody’s Analytics Predicts One of the Longest Economic Expansions in History
Finance
26/03/2015Moody’s Analytics Predicts One of the Longest Economic Expansions in History

Moody's Analytics, a leading provider of economic forecasts, expects the current US economic expansion to be one of the longest in history, as jobs continue to grow, wages revive, and households and businesses balance sheets strengthen.

Read Full PostRead - Eye Icon
Manufacturing Sector ‘Enduring a Real Struggle’ Says EY ITEM Club
Finance
10/09/2015Manufacturing Sector ‘Enduring a Real Struggle’ Says EY ITEM Club

Research from multinational professional services firm EY suggests a slowdown in gorwoth in the manufacturing sector for the 3rd quarter of 2015.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow