© 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
A World Leader in Consumer Transaction Technologies
Finance
11/09/2017A World Leader in Consumer Transaction Technologies

A World Leader in Consumer Transaction Technologies

Read Full PostRead - Eye Icon
Organisational security and the hidden risk
Strategy
20/01/2021Organisational security and the hidden risk

The security needs of businesses vary greatly dependent on the sector they are in. Despite the varying requirements, each business’ broader approach to security should follow a similar format where vital assets – those that needs to be protected - are surr

Read Full PostRead - Eye Icon
How an Accountant Can Be Beneficial for Your Business
Finance
11/06/2021How an Accountant Can Be Beneficial for Your Business

Behind every successful business is a dedicated workforce that works tirelessly under the leadership of a great business person. However, supporting the leader in making some of the big decisions for the company, in particular decisions regarding finance, is a

Read Full PostRead - Eye Icon
How to Apply for a Hong Kong Business Registration Certificate: Routes, Fees and Deadlines
M&A
26/10/2026How to Apply for a Hong Kong Business Registration Certificate: Routes, Fees and Deadlines

Every business carried on in Hong Kong needs a Business Registration Certificate, but the route to one depends on how the business is set up.  A new limited company gets it from the Companies Registry together with its Certificate of Incorporation. Sole p

Read Full PostRead - Eye Icon
Ukwazi: South Africa’s Best Specialist Mining Service Providers
News
04/08/2023Ukwazi: South Africa’s Best Specialist Mining Service Providers

Founded in 2004, Ukwazi is a multi-disciplinary company delivering independent advisory, technical systems integration, and operational contract mining services.

Read Full PostRead - Eye Icon
What Are the Possible Impacts of Flipkart Purchasing eBay India?
Finance
20/04/2017What Are the Possible Impacts of Flipkart Purchasing eBay India?

Electronic commerce company Flipkart has recently announced that it will be purchasing eBay India. This is in an effort to further their influence in the country against rival company Amazon, and is surely a move which will serve to heighten competition betwee

Read Full PostRead - Eye Icon
The Financial Impact of Employee Injuries: How Florida Businesses Can Assess Lost Earnings and Workforce Disruption
Legal
15/10/2026The Financial Impact of Employee Injuries: How Florida Businesses Can Assess Lost Earnings and Workforce Disruption

When a valued employee suffers a serious injury, the financial consequences can extend well beyond an unexpected absence from work. A short absence may be manageable through existing leave arrangements or temporary staffing. Although injury compensation claims

Read Full PostRead - Eye Icon
Bitcoin vs Stock Investing – Which is the Best Option for New Investors?
Finance
06/07/2021Bitcoin vs Stock Investing – Which is the Best Option for New Investors?

Investing in stocks or in cryptocurrencies can be tricky, especially if you're new to the trade. In this article, we look at both investments and weigh the risks,

Read Full PostRead - Eye Icon
RSM US Adopts Stellar Cyber’s Open XDR to Enhance Managed Cybersecurity Offering
Innovation
28/02/2024RSM US Adopts Stellar Cyber’s Open XDR to Enhance Managed Cybersecurity Offering

Managed security services provider RSM US has announced that the company has begun to leverage Stellar Cyber’s open extended detection and response (“Open XDR”) platform to simplify the way it delivers cybersecurity coverage for its customers.



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