© 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
Festive Philanthropy: Five Tips to Gift Well
Corporate Social Responsibility
15/12/2022Festive Philanthropy: Five Tips to Gift Well

In the midst of the plethora of challenges facing us all, those who are fortunate to have something to spare may be seeking ways to support causes close to their hearts this Christmas, the peak time for charitable giving. But with so many worthy causes, how do

Read Full PostRead - Eye Icon
Delivering the Benefits in Compliance, with IRS Standards
Finance
07/02/2020Delivering the Benefits in Compliance, with IRS Standards

Engineered Tax Services, Inc. (ETS) is one of the largest licensed engineering tax firms in the United States that focuses on federal, state, and local tax benefits. We caught up with CEO, Julio Gonzalez who provided us with a detailed glimpse into the one of

Read Full PostRead - Eye Icon
Coca-Cola to Acquire Chinese Beverage Firm for $400.5 Million
Finance
22/04/2015Coca-Cola to Acquire Chinese Beverage Firm for $400.5 Million

Coca-Cola Co., the world’s largest beverage company, will buy China’s Xiamen Culiangwang Beverage Technology Co. for about $400 million in cash, gaining a line of plant- based protein drinks in a renewed push into the Asian market.

Read Full PostRead - Eye Icon
What Is Medical Negligence? What To Do If You Experience One
Legal
16/03/2023What Is Medical Negligence? What To Do If You Experience One

You expect the best care and results when you go to a hospital. However, sometimes things don’t go as anticipated. Your healthcare provider could make errors during treatment, diagnosis, or aftercare.

Read Full PostRead - Eye Icon
Common Myths About Personal Injury Lawyers Debunked
News
07/12/2023Common Myths About Personal Injury Lawyers Debunked

In the world of personal injury law, myths, and misconceptions abound like wildfire, casting a shadow of doubt over the crucial role that personal injury lawyers, including Bronx injury lawyer, play in securing justice for those who’ve been harmed. From

Read Full PostRead - Eye Icon
JAC’s Acquisition of NXP RF Power Business
M&A
20/08/2015JAC’s Acquisition of NXP RF Power Business

JAC's Acquisition of NXP RF Power Business

Read Full PostRead - Eye Icon
The Economic Impact of Hotel Development
Finance
10/08/2020The Economic Impact of Hotel Development

Whether a property is a small one-star hotel or a massive five-star place of luxury, it makes the community a better place to live. Dive into the economic impact of hotel development and learn why it's essential to the well-being of cities, states and countrie

Read Full PostRead - Eye Icon
Early Easter Puts a Spring in Retailers’ Steps
Strategy
24/04/2015Early Easter Puts a Spring in Retailers’ Steps

David McCorquodale, UK head of retail comments on the benefits UK Retail saw during the early Easter.

Read Full PostRead - Eye Icon
IBM Acquires Ustream to Propel Cloud-Based Video Services Across Industries
Innovation


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