© 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
Cisco Unveils Plan for Building Internet for the Next Decade of Digital Innovation
Innovation
16/12/2019Cisco Unveils Plan for Building Internet for the Next Decade of Digital Innovation

Cisco has unveiled the details behind its technology strategy for building a new internet- one designed to push digital innovation beyond the performance, economic and power consumption limitations of current infrastructure.

Read Full PostRead - Eye Icon
Learn How to Trade Crypto
Finance
12/11/2021Learn How to Trade Crypto

What's behind cryptocoins trading? Learning what is behind cryptocoins trading so that you could trade crypto coins effectively, profitably.

Read Full PostRead - Eye Icon
Bulge Bracket Banks Increased their M&A Advisory Market Share in 2015’s Record-Breaking Merger Spree
Finance
02/03/2016Bulge Bracket Banks Increased their M&A Advisory Market Share in 2015’s Record-Breaking Merger Spree

The largest investment banks notched a 20% gain in market share of the US M&A advisory market during last-year’s record-breaking technology M&A spree, according to a new report by 451 Research.

Read Full PostRead - Eye Icon
Plugging the Gap or Opening the Floodgates?
Innovation
09/04/2018Plugging the Gap or Opening the Floodgates?

David Skelton, Partner in Construction & Engineering at Womble Bond Dickinson provides his opinion on the two recent decisions of the Technology and Construction Court.

Read Full PostRead - Eye Icon
Everything You Need to Know About Virtual Data Rooms
Innovation
04/03/2022Everything You Need to Know About Virtual Data Rooms

In the current world, digital companies are becoming more prominent in the business sphere. Resulting in an increase in data management by businesses, though with the increase in data responsibility is needed for those businesses to protect and manage that dat

Read Full PostRead - Eye Icon
The Complete List of ERP Modules and How They Help Businesses
Innovation
12/10/2022The Complete List of ERP Modules and How They Help Businesses

When you run a small or enterprise-level business, you face many daily challenges to ensure that it operates smoothly and efficiently. With larger organisations, you can delegate some of your responsibilities. However, the buck will often stop with you, so you

Read Full PostRead - Eye Icon
Beyond Bitcoin hype, can blockchain transform financial services?
Finance
10/05/2021Beyond Bitcoin hype, can blockchain transform financial services?

The UK financial industry faces a wave of disruption. Customers are demanding digital, personalised and seamless client experiences. Meanwhile, regulators are driving best practice around data security and industry professionalism to ensure clients’ prized a

Read Full PostRead - Eye Icon
How to Manage Relationships with Remote Clients
News
25/08/2021How to Manage Relationships with Remote Clients

Online communication can occasionally result in awkward situations, and sometimes explaining key elements of a project in an email may not translate as well as it does in person, leading to misunderstandings. What’s more, it can often be more difficult to bu

Read Full PostRead - Eye Icon
6 Financial Benefits of Regular Equipment Maintenance for Business Operations
Finance
23/03/20236 Financial Benefits of Regular Equipment Maintenance for Business Operations

You’ve probably heard the saying “if it isn't broke, don’t fix it!” Well, this doesn’t apply to business equipment. Routine maintenance is critical to ensure your business runs efficiently and you reduce operating expenses.



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