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What is workers’ compensation insurance? 

Workers’ compensation insurance is coverage obtained by an employer to protect their business and employees in case of a work-related injury or illness. 

It’s important for businesses to obtain workers’ compensation insurance for their employees to secure proper medical care and replacement of lost wages if needed. Providing workers’ compensation coverage alleviates financial burdens that could severely impact an employee/business relationship and bankrupt a company.  

We’re proud to live and serve in a community that values people. Unless a business receives an exemption from the state of Oklahoma, all businesses are required to secure workers’ compensation insurance. If an Oklahoma business fails to secure workers’ compensation insurance, it can face severe liability in civil suits filed by injured employees. Additionally, the state of Oklahoma reserves the right to fine businesses for not providing employees with the proper coverage. 

Learn more about Oklahoma workers’ compensation insurance: