What is workers comp insurance – Workers compensation coverage a refers to an insurance policy that protects employees under state laws and provides medical care death disability and rehabilitation benefits for workers who are. Workers compensation or workers comp formerly workmen s compensation until the name was changed to make it gender neutral is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee s right to sue his or her employer for the tort of negligence.
Luckily workers compensation insurance also known as workers comp can help give your employees the benefits they need if they suffer a work related injury or illness.
What is workers comp insurance – A policy will protect a business from lawsuits related to employees who become injured or ill on the job. Workers compensation insurance also known as workman s comp provides benefits to employees who get injured or sick from a work related cause. Workers comp can protect your business and your employees by helping cover. What is workers comp insurance
Workers compensation insurance serves two purposes. It assures that injured workers get medical care and compensation for a portion of the income they lose while they are unable to return to work and it usually protects employers from lawsuits by workers injured while working. Missed wages if your injured or ill worker needs time off from work while they recover. What is workers comp insurance
Workers comp also reduces your liability for work related injuries and illnesses. Workers compensation insurance workers comp insurance is a mandatory type of insurance carried by many businesses. It also includes disability benefits missed wage replacement and death benefits. What is workers comp insurance
Workers compensation insurance is a property and casualty insurance product legally required for most business owners when they hire one or more employee s. The insurance typically covers medical costs and a portion of lost wages for an employee who becomes injured or ill on the job. What is workers comp insurance