© 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
Clearwater International Advises Staffgroup during Cordant Group’s Acquisition
Finance
09/06/2015Clearwater International Advises Staffgroup during Cordant Group’s Acquisition

Clearwater International Advises Staffgroup during Cordant Group's Acquisition

Read Full PostRead - Eye Icon
The Return of Inflation
Finance
15/09/2015The Return of Inflation

The key figure within the recent inflation data was not the headline of the Consumer Price Index (CPI) rate, but instead, the surprise jump in core inflation was an eye opener this time around.

Read Full PostRead - Eye Icon
A Deep-Dive into Mergers & Acquisitions in the Age of Mass Tort
News
07/08/2023A Deep-Dive into Mergers & Acquisitions in the Age of Mass Tort

Mergers and acquisitions are a part of business growth, with the former allowing businesses to join arms to increase their financial muscle power. In contrast, the latter allows businesses to buy out their competition or diversify. While they come with advanta

Read Full PostRead - Eye Icon
Global Headwinds Fail to Stifle Dubai Property Boom
Finance
31/07/2023Global Headwinds Fail to Stifle Dubai Property Boom

The UAE’s real estate market has outpaced both advanced and emerging economies over the past two years, according to the Bank for International Settlements. As central banks around the world tighten monetary policy, Dubai is setting itself apart. The emi

Read Full PostRead - Eye Icon
Data-Driven Maintenance
News
30/10/2024Data-Driven Maintenance

Data-driven insights can help optimise the performance, maintenance and sustainability of warehouse automation. Dan Migliozzi, Sales & Marketing Director, at independent systems integrator, Invar Group, sets out how to achieve the best results.

Read Full PostRead - Eye Icon
The Pros and Cons of No Credit Check Loans: Is It the Right Choice for You?
News
06/11/2023The Pros and Cons of No Credit Check Loans: Is It the Right Choice for You?

If you’re facing a financial crunch or unexpected expenses in Australia, the idea of a no credit check loan might seem like a lifeline. These loans can be enticing due to their quick approval process, but they come with their own set of advantages and di

Read Full PostRead - Eye Icon
3 Ways to Grow Your Law Firm
Innovation
13/10/20203 Ways to Grow Your Law Firm

Like all businesses, law firms need to grow if they want to increase profitability. Whether it’s via expansion to new locations or through the acquisition of more clients, law firms must find viable ways to increase revenue if they want to achieve their grow

Read Full PostRead - Eye Icon
Ardian Acquisition of Exclusive Sythesis & Maleic Anhydride Intermediates
Finance
31/07/2015Ardian Acquisition of Exclusive Sythesis & Maleic Anhydride Intermediates

Ardian Acquisition of Exclusive Sythesis & Maleic Anhydride Intermediates

Read Full PostRead - Eye Icon
Guide to Monaco Residence by Investment
News
04/10/2022Guide to Monaco Residence by Investment

A Monaco residence by investment is one of the safest and most secure investments property investors can make. Find out more about becoming a Monaco resident.



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