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5 Workers’ Comp Myths

Some business owners believe they don't need workers' comp insurance. Travelers dispels common myths about the coverage.

By Caterina Pontoriero | Updated on February 20, 2014

Workers’ compensation coverage is not required for businesses in every state, but for those who have the option, getting the coverage is a safe bet. Job-related injuries or illnesses can result in major costs for a business without the coverage.

Business owners may feel like they don’t need workers’ comp, whether they believe an injury couldn’t happen at their company, or they can pay for the expenses out-of-pocket. However, Travelers dispels these myths and others like them, providing helpful tips agents can give clients who are on the fence about getting the coverage.

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