© 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
How Business Acquisitions Can Uncover Hidden Legal Risks and Trigger Investigations
Legal
24/03/2026How Business Acquisitions Can Uncover Hidden Legal Risks and Trigger Investigations

Business acquisitions can create opportunities for growth, expansion, and new market access. However, these transactions may also uncover hidden legal risks that were not immediately visible during negotiations. In some situations, companies or executives may

Read Full PostRead - Eye Icon
Building a Scalable Women-Owned Business in Male-Dominated Industries
Strategy
08/06/2026Building a Scalable Women-Owned Business in Male-Dominated Industries

Building a women-owned business in a male-dominated industry requires resilience, strategic planning, and access to the right support systems. Although more women across the UK are launching businesses than ever before, barriers still exist. Gender bias, reduc

Read Full PostRead - Eye Icon
What Is the Difference Between a Public Inquiry and a Criminal Investigation?
Legal
21/10/2024What Is the Difference Between a Public Inquiry and a Criminal Investigation?

Understanding the distinction between public inquiries and criminal investigations is essential for businesses, as each process serves a unique purpose and involves a different set of risks.

Read Full PostRead - Eye Icon
Enterprise Password Management: A Comprehensive Guide for Businesses
News
09/10/2023Enterprise Password Management: A Comprehensive Guide for Businesses

Enterprise password management is a crucial aspect of cybersecurity, focusing on securely controlling credentials for privileged accounts, services, systems, and applications. It is also known as privileged password management, and it helps businesses reduce r

Read Full PostRead - Eye Icon
Streamlining Acquisitions: The Role of Digital Legal Document Forms
M&A
24/02/2026Streamlining Acquisitions: The Role of Digital Legal Document Forms

In the high-stakes environment of Mergers and Acquisitions (M&A), the velocity of a deal is frequently dictated by the state of a company’s paperwork. Experienced dealmakers know that time kills all deals; when documentation is fragmented or outdated

Read Full PostRead - Eye Icon
Brazil Offers Both Opportunities and Obstacles for Companies and Transferring Employees
Strategy
28/09/2015Brazil Offers Both Opportunities and Obstacles for Companies and Transferring Employees

Although it is the fifth largest country in the world, Brazil poses both significant opportunities - and obstacles - for employers and their relocating employees, according to a new report from Cartus Corporation.

Read Full PostRead - Eye Icon
United Bankshares, Inc. Announces Increase in Earnings
Finance
30/04/2015United Bankshares, Inc. Announces Increase in Earnings

United Bankshares, Inc., today announced earnings for the first quarter of 2015. Earnings for the first quarter of 2015 were $34.6 million or $0.50 per diluted share, an increase from earnings of $30.1 million or $0.48 per diluted share for the first quarter o

Read Full PostRead - Eye Icon
Cloud-Based Phone Systems: The Pros and Cons
News
26/06/2023Cloud-Based Phone Systems: The Pros and Cons

In today’s interconnected world, communication plays a pivotal role in the success of businesses, both big and small. Traditional phone systems are gradually being overshadowed by the rise of cloud-based phone systems such as Voice over Internet Protocol (Vo

Read Full PostRead - Eye Icon
APC Technology Group Acquisition of EEVS Insight Ltd
Innovation
04/08/2015APC Technology Group Acquisition of EEVS Insight Ltd

APC Technology Group Acquisition of EEVS Insight Ltd



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