Worker's Compensation

Workers’ compensation insurance benefits are available to employees who are injured or become ill as a result of a work-related incident. If one of your employees is injured on the job and is medically authorized to take time off from work, he or she will be reimbursed for lost wages and all of the medical expenses related to the treatment and rehabilitation.

Workers’ compensation is required by state law and non-compliance could result in costly fines.

Maintaining a safe workplace is vital and will consequently reduce your insurance costs. Here are some more ideas to help control costs:

  • Implement a return-to-work policy in which employees work modified duty until they are fully healthy to do their jobs.
  • Orient and train your employees on safe practices necessary for their job functions and tasks.
  • Insist that employee claims are reported promptly.
  • Investigate the cause of injuries and illnesses.


Pay as you go worker’s compensation insurance is a solution that many businesses use to manage the rising costs of this insurance.  Instead of charging large up-front costs, pay as you go workers’ compensation insurance allows companies to pay premiums as they pay their normal payroll.  This helps to defer much of the cost of workers’ compensation insurance, making it easier for business owners to manage their cash flow. 

Concklin Insurance works with many of the most reliable pay as you go workers’ compensation insurers.  Our advisors work to earn your trust by getting to know your unique situation and offer the right coverage for you and your business.  Call us at (630) 268-1600 to experience the difference three decades of experience can make for your business.

What are the benefits of Pay as You Go Workers’ Compensation Insurance?

Freeing up cash flow is a primary benefit to business owners, but there are many benefits that make life easier for busy professionals

  • Lower upfront cost allows growing companies to keep more of their cash
  • Insurance premiums are deducted automatically, helping ensure that your payments are on time and reducing your risk
  • Paying along with other payroll expenses allows for better budgeting
  • Eliminate the surprises associated with large lump sum payments

With so many things changing in the marketplace, many business owners find the predictable payments and the be the right option for their business.  Pay as you go is an exciting new option for this mandated insurance, providing business owners with the options they need to manage their finances responsibly

What is the right solution for your business?

The needs of a business vary widely, and as useful as pay as you go workers’ compensation insurance can be, it is not the only option.  The market has so many ways to meet business insurance needs, many professionals find it confusing.  Concklin Insurance helps you navigate the vast array of insurance options to tailor a workers’ compensation insurance plan that makes sense for your business. 

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Craig Concklin
Craig Concklin

Craig Concklin

Craig Concklin, CIC, a graduate of Denver University and an esteemed insurance professional since 1981 became an owner of Concklin Insurance Agency in 1993. With vision and forward thinking, Craig Concklin has tripled its sales to $22 million. The firm’s sustained investment in state-of-the-art computer systems, integrated accounting and marketing programs, and creation of national insurance programs for various industry groups has made Concklin an industry leader. Craig’s knowledge and stellar reputation in the insurance industry continues to benefit his clients and enhance the presence of Conklin Insurance in the marketplace. He is currently a Pekin Insurance Board Member.

Michael Mormando
Michael Mormando

Michael Mormando
Insurance Agent

Michael, originally from New York and a graduate of the University of Denver, enjoyed a long tenure in the hospitality industry as a restaurant owner/operator, prior to joining Concklin Insurance. Michael gained a unique perspective of understanding and appreciating the ongoing difficulties in what today’s economic environment brings to everyday business people. Starting his insurance career, Michael felt his natural customer service talents would work best assisting business owners in managing their insurance programs effectively to ensure proper coverages and very competitive premiums available through Concklin Insurance.

Michael O'Donnell
Michael O'Donnell

Michael O'Donnell
Insurance Agent

Michael O’Donnell joined the Insurance Industry after graduating from Eastern Illinois University with a Finance Degree in 1992 and became a producer at Concklin Insurance Agency in 1995.  Mike specializes in insuring restaurant and Franchise business and has worked with franchisors to establish proper insurance requirements are established for their franchisees. He takes a hands-on approach to insurance and understands his clients’ diverse needs. Mike provides the caring expertise required to review and customize an insurance program that provides his clients with excellent coverage while balancing budgetary concerns.