© 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
Tokenization: Transforming the Future of Asset Ownership
Finance
26/03/2024Tokenization: Transforming the Future of Asset Ownership

In today's digital age, tokenization has emerged as a groundbreaking concept, revolutionizing the way we perceive assets. Tokenization involves representing tangible or intangible assets in digital form using tokens.

Read Full PostRead - Eye Icon
Setting up a  Franchise Business in Japan
Finance
02/10/2015Setting up a Franchise Business in Japan

Japan is one of the more mature franchise markets and has fully embraced franchising as a means for business growth. Today, the statistics show continuing expansion of franchising in the country.

Read Full PostRead - Eye Icon
Litigation Lawyer of the Year 2016 – Ireland
Legal
20/05/2016Litigation Lawyer of the Year 2016 – Ireland

Based in West Limerick in Ireland, PG McMahon Solicitors are a long established firm with a wide private client and business base.

Read Full PostRead - Eye Icon
Merrill Datasite Provide Online Due Diligence Platform for Industrie De Nora / Severn Trent Share Sa
Finance
10/06/2015Merrill Datasite Provide Online Due Diligence Platform for Industrie De Nora / Severn Trent Share Sa

Merrill Datasite Provide Online Due Diligence Platform for Industrie De Nora / Severn Trent Share Sale

Read Full PostRead - Eye Icon
Ways to Save Legal Expenses Using Outside Counsel
Legal
15/06/2022Ways to Save Legal Expenses Using Outside Counsel

When you have outside counsel it means you are taking services for which you pay only when you use them. When you engage outside counsel, your goal is likely to be how to manage legal expense control. If you have in-house counsel, you will pay whether you use

Read Full PostRead - Eye Icon
Can’t Make Your Loan Payments? Here’s What to Do
Finance
27/01/2023Can’t Make Your Loan Payments? Here’s What to Do

Usually, when people take out a loan, they fully intend to keep their commitment to pay it. They don’t expect to default on it because they assume they will always be in the same or better financial situation they’re in when they apply for the loan.

Read Full PostRead - Eye Icon
Most Innovative Law Firms 2016
Legal
05/05/2016Most Innovative Law Firms 2016

These listings showcase a wide range of innovative and cutting-edge financial and law firms across the globe.

Read Full PostRead - Eye Icon
The Surprising Secret to Improving Employee Engagement
Leadership
20/03/2019The Surprising Secret to Improving Employee Engagement

Eighteen years ago, the Gallup corporation did some research on a hot “new” topic - employee engagement - and reported some distressing numbers.

Read Full PostRead - Eye Icon
Cyber Criminals Target M&A  Negotiations
Innovation
22/06/2015Cyber Criminals Target M&A Negotiations

We hear from Stuart Poole-Robb, Chief Executive of the security, business intelligence and cyber security adviser, the KCS Group Europe.



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