Financially.site – Workers’ compensation is a form of insurance that provides benefits to employees who suffer work-related injuries or illnesses.
It is a crucial safety net that helps protect workers and employers by providing financial support and medical care in the event of workplace injuries.
In this comprehensive guide, we will explore the key aspects of workers’ compensation, including its benefits, eligibility requirements, coverage options, and how to navigate the claims process.
What is Workers’ Compensation?
Workers’ compensation, also known as workers’ comp, is a state-regulated insurance program that provides benefits to employees who experience work-related injuries or illnesses.
The program is designed to protect both workers and employers by offering financial assistance to injured employees while protecting employers from lawsuits related to workplace injuries.