workers compensation insurance

workers compensation insurance

Workers’ compensation insurance is a type of insurance that provides financial benefits to employees who are injured on the job or become ill as a result of their work. The benefits may include medical expenses, lost wages, and rehabilitation costs. Workers’ compensation insurance is required by law in most states, and employers are typically responsible for obtaining this coverage for their employees. In some states, employers may be able to purchase workers’ compensation insurance from private insurance companies, while in others, the coverage is provided through a state-run insurance fund. If an employee is injured on the job, they should report the injury to their employer as soon as possible in order to be eligible for workers’ compensation benefits

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