DON’T DARE GO BARE TO WORKERS’ …...Going bare without workers’ compensation or choosing an...
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©2018 Texas Mutual Insurance Company LB-1381-1807 (800) 859-5995 texasmutual.com worksafetexas.com DON’T DARE GO BARE TO WORKERS’ COMPENSATION PROTECTS YOU, YOUR EMPLOYEES AND YOUR BUSINESS Going bare without workers’ compensation or choosing an alternative policy could leave you with gaps in protection if one of your employees is injured on the job. Or worse, it could cost you your business. Earn dividends We have a rich history of paying dividends to policyholders who share our commitment to safety and choose Texas Mutual.* Industry safety groups Policyholders who are also safety group members can earn an additional dividend based on the group’s performance. Health care network Control your workers’ compensation costs and make sure your workers get the care they need with our WorkWell, TX health care network. PEACE OF MIND Workers’ compensation takes care of your employees if they are injured on the job. It can pay medical bills, lost wages, benefits and more. These expenses can be your responsibility if you choose a cheaper alternative to workers’ compensation. PREMIUMS ARE LOWER THAN EVER According to the Texas Department of Insurance, workers’ compensation rates have decreased by 63 percent since 2005. Now is the time to get unmatched protection at an even better price. 63% *Dividends are based on performance and therefore are not guaranteed. TEXAS MUTUAL HELPS YOU CONTROL YOUR WORKERS’ COMP COSTS See next page for coverage comparison
Transcript of DON’T DARE GO BARE TO WORKERS’ …...Going bare without workers’ compensation or choosing an...
©2018 Texas MutualInsurance Company
LB-1381-1807
(800) 859-5995texasmutual.com
worksafetexas.com
DON’T DARE GO BARETO
WORKERS’ COMPENSATION PROTECTS YOU, YOUR EMPLOYEES AND YOUR BUSINESS
Going bare without workers’ compensation or choosing analternative policy could leave you with gaps in protection ifone of your employees is injured on the job. Or worse, itcould cost you your business.
Earn dividendsWe have a rich history of
paying dividends topolicyholders who share ourcommitment to safety and
choose Texas Mutual.*
Industry safety groupsPolicyholders who are alsosafety group members canearn an additional dividend
based on the group’sperformance.
Health care networkControl your workers’
compensation costs and makesure your workers get the carethey need with our WorkWell,
TX health care network.
PEACE OF MINDWorkers’ compensation takes care of your employees if they are injured on the job. It can paymedical bi l ls, lost wages, benefits and more. These expenses can be your responsibi l ity if youchoose a cheaper alternative to workers’ compensation.
PREMIUMS ARE LOWER THAN EVERAccording to the Texas Department of Insurance, workers’ compensation rates have decreasedby 63 percent since 2005. Now is the time to get unmatched protection at an even better price.
63%
*Dividends are based on performance and therefore are not guaranteed.
TEXAS MUTUAL HELPS YOU CONTROL YOUR WORKERS’ COMP COSTS
See next pagefor coveragecomparison
MORE INFORMATION
©2018 Texas Mutual Insurance Company LB-1394-1807 | (800) 859-5995 | texasmutual.com
For more information about workers’ compensation coverage, speak to youragent or cal l Texas Mutual at (800) 859-5995.
TEXAS MUTUALWORKERS’
COMPENSATION
NO INSURANCE(GOING BARE)
OCCUPATIONALACCIDENT
We protect you, youremployees and yourbusiness against the consequences of anon-the-job injury ordeath.
Operating withoutthe protection ofworkers’ compensationor any other coveragealternative.
Purchasing l imitedcoverage that isnot workers’compensation.
Texas Mutual covers: Medical bi l ls Loss of wages Disabil ity income benefits Burial expenses
Your injured workerwon’t receive supportto cover expensessuch as medical billsor lost wages, unlessyou pay out of pocket.
You may be partial lyreimbursed for paymentsyou make to injuredworkers for medicalexpenses and lost wages.
These types of policiesmay not includeemployers’ l iabil ityinsurance.
Benefits are paid forcompensable injuriesregardless of fault.We take the financialburden off you, andmake sure youremployee is takencare of.
You cannot be suedby injured workers inmost circumstances.
Going bare exposesyou to potentiallawsuits from injuredworkers.
There are no commonlaw defenses, and nopre-injury waiversare permitted.
You remain vulnerableto ERISA regulations.
Alternative coveragecan expose you topotential lawsuitsfrom injured workers.
There are no commonlaw defenses, and nopre-injury waiversare permitted.
Texas Mutual You, the employer. You may be responsiblefor legal fees,depending on policyterms.
Our compassionate andexperienced claimadjusters and healthcare providers, who areexperienced in treatingoccupational injuriesand illnesses.
Claims and treatmentare your responsibility,and you’ll be responsiblefor filing all requireddocumentation with theTexas Department ofInsurance.
You may be responsiblefor managing your ownclaims and reporting tothe Texas Departmentof Insurance, dependingon policy terms.
What is it?
What does itprovide if your
employee isinjured on the
job?
What protectiondoes it provide
you as anemployer?
Who pays yourlegal fees?
Who managesclaims
and care?
COVERAGE COMPARISONSEE HOW TEXAS MUTUAL COMPARES TO ALTERNATIVE OPTIONS
