© 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
Post Haste!
Leadership
06/05/2022Post Haste!

The team at MailAmericas are a vital link for those in Latin America and have expanded across borders. This growth has seen them named Best Cross-Border Logistics Solutions Provider 2021 – Americas in Acquisition International’s Global Excellence Awards.

Read Full PostRead - Eye Icon
As TNT Express Takeover Completes, What Happens to ‘Ugly Freight’?
M&A
25/05/2016As TNT Express Takeover Completes, What Happens to ‘Ugly Freight’?

As the FedEx-TNT merger concludes, the international parcel broker ParcelHero warns the takeover could mean increased costs and transit times for large and heavy items.

Read Full PostRead - Eye Icon
How to Choose the Right Vessel for Your Business Needs
News
23/11/2023How to Choose the Right Vessel for Your Business Needs

Businesses exporting heavy-duty products or goods will have to consider the right type of cargo transportation. If goods are exported internationally, this will require consideration of the right type of vessel or ship.

Read Full PostRead - Eye Icon
New Merger & Acquisition Guidance Aims to Minimise Climate Risk From Sales of Oil, Gas Assets
M&A
17/02/2023New Merger & Acquisition Guidance Aims to Minimise Climate Risk From Sales of Oil, Gas Assets

The energy sector is, for obvious reasons, the key area of concern for climate change. Can new guidelines for M&A prioritise emissions reductions?

Read Full PostRead - Eye Icon
AI to Rescue the Lost Generation and Get Them Back to Work
Innovation
28/05/2024AI to Rescue the Lost Generation and Get Them Back to Work

The UK is facing a significant problem of nearly 9 million people (age 16-64) who are ‘economically inactive’ meaning that they do not currently have a job and are not looking for work. Those who are employed are taking more sick days in the last decade th

Read Full PostRead - Eye Icon
Unleashing Team Magic: A Dive into Small Business Synergy
News
20/05/2024Unleashing Team Magic: A Dive into Small Business Synergy

In the realm of small businesses, success often hinges on the collaborative efforts of a tight-knit team. Every entrepreneur dreams of assembling a group of individuals who complement each other’s strengths, work seamlessly together, and propel the busin

Read Full PostRead - Eye Icon
How Your IT Department Can Save On IT Costs
News
24/11/2021How Your IT Department Can Save On IT Costs

Businesses are often overwhelmed by IT costs since reliable technological infrastructure and its maintenance are expensive. And with the current pandemic crisis, companies have examined and replanned their budget to reduce, delay, or renegotiate for any potent

Read Full PostRead - Eye Icon
Reasons for LTD Claim Denials for Covid-19 Long Haulers
Legal
27/09/2021Reasons for LTD Claim Denials for Covid-19 Long Haulers

Covid-19 rapidly spread across the world and became a global pandemic. Hundreds of millions of people became infected, with millions being forced to take a leave of absence from their jobs due to symptoms.

Read Full PostRead - Eye Icon
Why Cash Visibility Is the Missing Link in Post-Acquisition Value Creation
M&A
16/07/2025Why Cash Visibility Is the Missing Link in Post-Acquisition Value Creation

When private equity firms complete an acquisition, their focus shifts sharply from deal-making to value creation. While growth targets, operational efficiencies, and strategic realignments dominate integration plans, one foundational element often determines s



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