As a business owner, you are responsible for purchasing commercial insurance to protect your business assets and employees. Many business owners have questions about their commercial insurance options. If your business is located near Newport Beach, CA, our team at Murvay Insurance would love the opportunity to meet with you and discuss your insurance needs. We’ve been working with companies like yours since 2018.
Employers’ Posting Requirements for Workers’ Compensation
Your company must carry workers’ compensation insurance. This type of policy covers medical expenses and compensates employees for lost income due to workplace injuries. According to the California State Department of Industrial Relations, part of your corporate responsibility regarding workers’ compensation insurance is to post information that informs employees about the availability of this program. This information must be displayed in a location visible to all employees.
When you hire new employees, you are required to provide information about your workers’ compensation program during orientation. According to the California State Department of Industrial Relations, this information should be presented in the form of a pamphlet or handout. Failure to comply with these posting requirements is considered a misdemeanor and can result in a $7,000 fine.
Call Us Today for Your Appointment
Every business is unique, and your business has specific insurance needs. Our team at Murvay Insurance can present you with a wide variety of insurance options, ensuring you have the best possible choices for your policy. Companies in the Newport Beach, CA area have learned that our team offers excellent customer support and service. Call us today to schedule an appointment, and let’s work together to create the best insurance portfolio for your company’s needs.