How to Protect Your People and Your Bottom Line
In this episode of The Legacy Lab, we simplify the often-confusing world of workers' compensation with guest and licensed insurance agent, Tom Bacharach, from RMC Group. Whether you're a business owner, HR professional, or advisor, this is your crash course in Workers’ Comp 101—without the legal jargon.
What is Workers' Comp Insurance?
Workers’ compensation insurance helps protect both employers and employees in the event of a work-related injury or illness. It covers:
- Medical expenses
- Lost wages during recovery
- Rehabilitation services
- Disability benefits
- Death benefits in the case of fatal injuries
Key Takeaways From This Episode
- What workers’ comp is, what it covers, and why it’s legally required.
- Who needs coverage, including small businesses and contractors.
- The real risks of going without it—from costly fines to potential lawsuits.
- Plus 5 ways to reduce workers' comp claims and costs
Other Resources
- Meeting Link for Tom Bacharach
- Follow us on social networks at @rmcgp on LinkedIn, Facebook and Instagram
