What does "workers’ compensation insurance" provide?

Workers' compensation insurance plays a crucial role in protecting employees by providing benefits for job-related injuries or illnesses. This type of insurance ensures that employees who are injured on the job or who develop a work-related illness receive medical care and compensation for lost wages during their recovery. It is designed to cover costs associated with medical expenses, rehabilitation, and in some cases, disability benefits if the employee is unable to return to work due to their injuries.

Employers are typically required to carry workers' compensation insurance as a way to mitigate the financial impact of workplace injuries and to foster a safer working environment. This coverage helps employees avoid the potential financial burden that can arise from job-related injuries and provides a sense of security knowing that they have support in the event of such incidents.