Business product and office supply companies have a major responsibility to provide their products for offices throughout their city, state, perhaps all over the country. This type of work, which involves heavy machinery and dangerous equipment, along with duties that could present a hazard to employees (particularly those directly involved in paper processing), is exactly why paper distributors insurance is so vital to your survival.
Each day your paper and paper products distribution business is operational, there are serious risks and exposures that could result in a potentially devastating disaster. Certainly without the proper insurance in place, you could be at risk to lose a valuable worker, not to mention a lot of money as well. That’s why you need to carry a policy that will be an essential part of your continued success.
Every paper and paper products distributor can benefit from insurance
By running a warehouse environment replete with machinery, you’re at risk for potential injuries common to this type of business. For example, an employee could get their shirt stuck in a machine and suffer a serious injury, or a traffic accident in a company vehicle could result in a trip to the hospital, or at the very least, a worker’s comp claim.
Workers compensation insurance offers financial assistance for situations in which an employee is injured while on the job or in the performance of their duties. In the event this should occur, you’ll have to pay for any medical costs, which could also result in legal fees, court fees, and potential settlement costs, all of which could be astronomical if the claim involves severely injured parties.
If an employee becomes injured at your workplace it would be ashamed to be forced to have to pay out of pocket for their medical bills, any wages while they recover, and additional wages or overtime pay for employees to take over their shifts. That’s why you need to have adequate workers’ compensation insurance to help cover those costs.
With a workers’ comp policy you’ll be covered for the following common injuries:
- Accidents involving warehouse equipment
- Slips, trips, and falls
- Repetitive motion
- Back injury and knee injuries
- Carpal tunnel
Paper distributors insurance will protect you against taking on additional expenses, and that should bring with it a certain amount of peace of mind.