Simply Explaining Insurance #99- Workers Comp waiting period

Workers compensation is a policy that offers coverage for W2 employees who are injured while on the clock. The policy is designed to pay for medical expenses that accrue for the injury. It will also cover lost wages if the employee missed work.

There is a waiting period for lost wages. This waiting period varies from state to state. For example, Idaho’s waiting period is 5 days and the amount covered is 67% of the wages lost.

Check with your agent or contact the governing body who oversees workers compensation for your state to find the details of this coverage.