PAY-AS-YOU-GO
WORKERS'
COMP
INSURANCE

With Netchex and Next, you can protect your employees and business.
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Workers' compensation can help protect your employees and your business after a workplace injury or illness. It can help pay for:

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Medical Expenses

Including examinations, medications and rehabilitation.
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Lost Wages

Gives employees time to recover from an injury before returning to work.
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Survivor Benefits

Supports families by helping to cover funeral costs and income replacement.
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Retraining

Helps employees who need to learn new skills and enter a new field.
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Permanent Injury

Provides benefits for employees who can no longer work due to injury.
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Employers Liability

Protects your business from financial losses if an employee files a lawsuit against you.

What is Pay As You Go Workers' Compensation?

Pay As You Go can simplify workers' comp insurance for your customers. It links their workers' comp
policies directly to your payroll platform, resulting in:

● Automatic premium calculation: Uses actual payroll data to calculate a premium payment
each time payroll is run
● Invoice alerts: Notifies customers about their premium payments
● Automated payments: Withdraws payments directly from your customers' bank accounts items

 

What Are The Benefits For Customers?

Pay As You Go is different than traditional workers' comp, which requires customers to pay a large
estimated premium upfront. It allows customers to:

● Pay their premium one payroll period at a time
● Save time and effort by automating processes
● Make workers' comp audits more seamless

NEXT Insurance uncomplicates the purchase, use, and
renewal of insurance for small business owners so they
can optimize coverage and run their businesses with
continued confidence. 
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