P.O. Box 10-1526-1000 Monrovia, Liberia 1000
CALL US: +231 777 964 265
+231 777 964 265
NICOL Insurance Services > Workmans Compensation Insurance

Workmans Compensation Insurance

With the fast pace of industrialization, more and more people are being involved in shaping our modern world and helping to build our nation. As a result, each and every company is liable to ensure the safety of their workers. So for any kind of workplace-related injury and death – you can offer the proper medical care, disability, and survivor benefits to the affected workers.

This is where our Workmans compensation insurance can play a major role in lessening the pertaining liability risks of your organization. No more worrying about fulfilling the compliance requirements or the high expenses! As with our insurance, you can protect your employees the way they deserve to be treated.


we always strive to provide you with a high quality service

Our Workman's compensation insurance includes

  • Medical benefits
  • Wage benefits
  • Wrongful death
  • Compensation for rehabilitation
  • Funeral expenses
  • Survivor benefits

This protects the insured against

  • Civil charges from their employees
  • All kinds of legal expenses are needed for defending a lawsuit
  • Sudden financial burden
  • Losing any business right
  • Loss of reputation

Why Choose US

Our company has been dealing with numerous cases and advising our clients with a wide range of premiums according to their demand.

We have experience working both with small enterprises as well as big firms. And thus have been conducting our services with great success till now.

Similarly, we are all ready to serve you and make your life easier like never before!


Frequently Asked Questions

Check out the below most commonly asked questions regarding workers’ compensation insurance:

1. Who Is Covered by Workers’ Comp Coverage?

In general, workers’ compensation covers all kinds of employees. While the Federal Employment Compensation Act applies to all federal non-military employees (FECA).

And private sector workers, typically have insurance because most states have made them compulsory. To find out what coverage you have, it’s crucial to confirm your level of coverage with your employer and state.

2. How Much Does Workers’ Comp Cost?

Frankly speaking, there is no fixed worker’s compensation cost. Instead, it is determined by considering a number of variables, including; paychecks, state, number of personnel, limits on coverage, history of claims, and industry and risk factors.

3. Does small business need workers’ compensation insurance?

Well, it depends from state to state. As different state has their own set of workers’ compensation rules. However, in most cases, small firms are usually required to have a policy in hand as soon as they hire their first employee.

4. When can you rely on workers’ compensation insurance?

If an employee gets an injury at work and needs medical attention or time off, or if the employee sues you for negligence in failing to avoid the accident, then you can rely on workers’ compensation.

Similarly, if your company doesn’t have workers’ compensation insurance, any medical expenses, and legal costs will be your responsibility. And the majority of states impose hefty fines for any sort of non-compliances.