Everything You Need to Know About Guam Workers Compensation

When running a business in Guam, ensuring the safety and well-being of your employees is a priority. One of the essential components of that protection is having Guam workers compensation coverage in place. This insurance provides financial support to workers who suffer from work-related injuries or illnesses, giving both employers and employees peace of mind. In this guide, we’ll cover everything you need to know about Guam workers compensation, including how it works, its benefits, and why it’s crucial for your business. What is Guam Workers Compensation? Guam workers compensation is a form of insurance that provides wage replacement and medical benefits to employees who are injured or become ill due to their work. This coverage helps workers recover financially while ensuring they have access to necessary medical care without the need to file a lawsuit against their employer. In Guam, as in many other states, workers compensation is mandatory for most businesses. Why is Guam W...