What are the legal requirements for workers' compensation insurance in the construction industry?
In Washington, there are legal requirements for workers’ compensation insurance in the construction industry. According to the Washington State Department of Labor and Industries, any construction company with one or more employees must have a workers’ compensation insurance policy. This includes businesses that use subcontractors as well. Workers’ compensation insurance helps protect workers from the financial and medical costs associated with workplace injuries and illnesses. This insurance pays for medical expenses, lost wages, and death benefits for workers who are injured or become ill due to their job. It also helps protect employers from lawsuits resulting from workplace injuries and illnesses. It is important to note that the legal requirements for workers’ compensation insurance vary by state. In Washington, the workers’ compensation insurance must meet the standards set by the Department of Labor and Industries and be approved by the state’s insurance commissioner. To comply with Washington’s construction industry requirements, businesses must use a policy approved by the state, provide proof of coverage to the Department of Labor and Industries, and report employees to the Commissioner of Insurance. Furthermore, employers must prominently display a notice of workers’ compensation coverage. Businesses that fail to meet these requirements can be fined by the Department of Labor and Industries.
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