Workers Compensation Insurance provides financial protection to employees who experience injuries or illnesses as a direct result of their employment. It covers medical treatment, rehabilitation costs, and a portion of lost wages during recovery.
For employers, this insurance offers crucial protection against potential lawsuits and ensures compliance with labor laws, fostering a safer and more supportive work environment for all employees.
It covers medical expenses, rehabilitation services, and compensation for lost wages resulting from work-related injuries or occupational diseases. In some cases, it also includes death benefits for the employee’s dependents.