© 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
2016’s Most Innovative Hedge Fund Manager, Luxembourg
Innovation
30/06/20162016’s Most Innovative Hedge Fund Manager, Luxembourg

Specialising in both, open-ended investment funds and related private equity fund transactions, Carlisle Management Company is a holistic alternative investment manager, assuming a wide range of tasks over the entire life cycle of the investment

Read Full PostRead - Eye Icon
5 Ways to Help Better Understand the Collection of Personal Data on Your Website
Legal
16/09/20215 Ways to Help Better Understand the Collection of Personal Data on Your Website

Your website is the main hub for all the data you collect as a business. It’s where a lot of customers and potential leads will likely come to when interacting with your company. With that being said, it’s a great source of information that can help provid

Read Full PostRead - Eye Icon
Ideal Wellness & Accountability Solution
Innovation
13/08/2019Ideal Wellness & Accountability Solution

knowRX™ is a mobile online application that monitors, schedules and provides feedback on drug usage (prescription and over the counter medicines) for both consumers and designated medical organizations.

Read Full PostRead - Eye Icon
Navigating Neobanks: What Every College Student Should Know
News
19/02/2024Navigating Neobanks: What Every College Student Should Know

Discover how neobanks offer college students a convenient, secure way to manage finances. Learn to choose the right neobank for your needs and integrate it into student life with acquisition-international.com.

Read Full PostRead - Eye Icon
How Do I Choose the Right Witnesses to Provide Evidence for a Public Inquiry?
Legal
14/05/2025How Do I Choose the Right Witnesses to Provide Evidence for a Public Inquiry?

Public inquiries are powerful tools in scrutinising business practices and often come with high stakes for the organisations involved.

Read Full PostRead - Eye Icon
5 Best Tax Firms in Oklahoma
News
29/10/20245 Best Tax Firms in Oklahoma

Hiring the best tax firm in Oklahoma is the key to navigating the state’s taxation complexities and maximizing your financial outcomes. With regulations and requirements constantly evolving, having expert guidance is essential.  If you’re look

Read Full PostRead - Eye Icon
Marsh & McLennan Agency Acquires J. Smith Lanier & Co
Finance
07/03/2017Marsh & McLennan Agency Acquires J. Smith Lanier & Co

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, today announced that it has signed a definitive agreement to acquire J. Smith Lanier & Co. (JSL), one of the nation’s largest, privately held insurance brokerage firms. Terms of

Read Full PostRead - Eye Icon
Automating the Future
Strategy
31/07/2016Automating the Future

Seal Software is the leading provider of artificial intelligence-based solutions for contract discovery, extraction, and analytics. We got the chance to speak to them about how they have grown to becoming leaders in their industry, and why they continue to str

Read Full PostRead - Eye Icon
6 Inventory Management Secrets for Wholesale Success
Strategy
28/02/20246 Inventory Management Secrets for Wholesale Success

Are you a small business owner struggling to manage your inventory effectively? Wondering how you can better predict inventory needs, reduce overstock, and maximise profits?



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