Workers’ compensation insurance is a type of insurance that provides benefits to workers
Workers’ compensation insurance is a type of insurance that provides benefits to workers who experience injury or illness due to their work. Benefits can include medical expenses, lost wages, and disability or death benefits. Workers’ compensation insurance is required by law in most countries in the world. Workers’ compensation insurance is mandatory for all companies operating in a country. Employers are required to carry coverage to protect their employees.
The purpose of workers’ compensation insurance is to provide a safety net for workers who are injured or ill as a result of their work. This helps ensure that workers can receive the medical care they need and replace lost income when they are unable to work. Workers’ compensation insurance also helps protect employers from lawsuits from injured workers.
Workers’ compensation insurance benefits may vary depending on the state and type of injury or illness. However, in general, benefits can include:
1. Medical expense
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