The Importance of Having FELA Coverage

As a business owner, it is highly important that you know some of the protections afforded to you and your employees by the law. You have probably heard of workers’ compensation and how it can award payouts to employees and their families who have been injured on the job, but are you aware of FELA and its implications for your business?

Take a second to get to know a little bit about fela law and how it affects your business. When you understand what this is and how related coverage works, you will see the importance of why you should consider having this kind of coverage for your own business.

What is FELA?

FELA is an acronym that refers to the Federal Employers Liability Act. This allows employees injured in their line of work, during their employers’ time, to sue for damages. This law was passed in 1908, and was originally codified to give railroad workers some recourse in case they were injured, as well as give their families peace of mind that they would be compensated if their loved one was injured or killed in the line of duty.

Why is FELA Coverage So Important?

FELA coverage is something that every business owner should look into if they have employees working for them. You see, it covers more than just bodily injuries – it is also able to cover injuries related to repetitive stress and incurred trauma.

The compensation seen by FELA is often more than what is awarded by workers’ compensation as well, when it comes to payouts awarded to claimants.

fela law

Protect Your Employees and Yourself

With FELA coverage, you can be sure that not only are your employees taken care of in the event of a work-related accident, but you can also be sure that you are protected, allowing you to stay safe from direct liability in case something happens. There is nothing like having peace of mind when it comes to your business operations, so make sure you are covered with FELA coverage in case the worst happens.

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