Make sure your company provides adequate workers’ compensation insurance in Lombard, IL.

In the event that you’re injured, your life is turned upside down. You have medical bills to pay and you often have to take time off from work. Workers’ compensation insurance, however, helps to offset such issues. Employers provide their employees with such a policy so that in the event that they’re injured on the job, they have a safety net. While coverage is offered to employees, it’s not offered to independent contractors. Make sure that you know whether or not you’re an employee or an independent contractor, so that you can determine your workers’ compensation insurance eligibility in Lombard, IL. Here are some differences between the two types of workers.

Supervision:

A large determinant in identifying the classification of a worker lies in how work is assigned. An employee typically works under the direction of a supervisor and is delegated their tasks. An independent contractor on the other hand, controls their own work.

Hours & Wages:

An employee generally comes in at specified times and is paid a set salary or hourly wage indefinitely. An independent contractor, however, generally is paid by the job and sets their own hours. An employee tends to be more permanent than an independent contractor. Additionally, employees usually get benefits from their employer like health insurance, but independent contractors do not.

Materials:

An employee almost always is given work supplies and materials from their employer, whereas an independent contractor provides their own equipment.

Ultimately, the decision will be made in a court of law and will weigh various factors.

Be sure that you have the right workers’ compensation insurance in Lombard, IL for your employees. Contact the professionals at Steve Wilk Insurance Agency for assistance finding the best insurance for your lifestyle. Located in Illinois, we serve all your personal and commercial insurance needs.