Illinois is home to more than 1.2 million small businesses, employing more than 2.5 million individuals. As the second-best environment in the US for starting a new business, the Prairie State is a source of entrepreneurial talent with small businesses—ranging from trendy barber shops and specialty ice cream parlors to beauty salons, auto repair shops, and restaurants.
With more than 132,000 workplace injuries, Illinois small businesses need to ensure they are protecting their employees and assets.
Illinois workers’ compensation is a state-mandated insurance program that provides medical, disability, survivor, burial, and rehabilitation benefits to employees who are injured or killed due to a work-related injury.
The state of Illinois played a large role in the history of workers’ comp laws due to the 259 men and boys who lost their lives in the 1909 coal mine fire in Cherry, Illinois and the 146 women and girls who lost their lives a few years later in the Triangle Shirtwaist Factory fire. Today, Illinois businesses with at least one employee must have workers’ compensation insurance, and failure to provide employees with workers’ comp coverage is considered a felony.
Pie Insurance offers workers’ comp insurance to small businesses in Illinois.