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Tips for Workers’ Compensation Policyholders during COVID-19

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Tips for Workers’ Compensation Policyholders during COVID-19
 
 
The COVID-19 pandemic has caused many businesses to adjust or reduce their operations. Workers may have transitioned to working from home, having reduced hours, have been furloughed – some with or without pay, or have been laid off.
 
With this upheaval, it is important to maintain accurate payroll records to ensure you are charged appropriate premium for your Workers’ Compensation coverage. Workers’ Compensation policies are audited at the end of each policy term, and premiums will be adjusted based on your employee payroll and type of work performed over the course of the year.
 
In particular, make sure your records account for the following....
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D. Francis Murphy Insurance Agency | 50 Main Street, Hudson, MA 01749
 

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