How can I get workers' compensation insurance?
What is it?
Workers' compensation is a type of insurance that can provide wage replacement and medical benefits to employees injured in the course and scope of employment.
Who needs it?
Just about every employer needs this insurance. That is to say, if you own a business, and that business has at least one employee, you are likely required by law to carry this type of insurance.
Who pays the premiums?
The employer pays the premiums.
Anything else I should know?
You should know the difference between an "employee" and an "independent contractor." If you own a business, and a person does work for you in exchange for payment AND you are in charge of the way the job is done, that person is probably your employee - and you should have workers' compensation insurance. There are ways to determine whether or not a worker is an "employee" or an "independent contractor". Check applicable laws or contact us for more information.
Some policies are different from what's described here. Be sure to read and understand your individual insurance policy.
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These are extrodinarily difficult times for Oregon businesses and workers. SAIF is committed to doing their part to provide relief to those hardest hit by the COVID-19 pandemic. No workers' compensation premium will be charged on payroll paid to furloughed workers. SAIF will also not cancel policies for financial reasons for the next 60 days effective March 23rd. Read more about SAIF's committmet to workers here