workers compensation insurance

Workers’ compensation insurance, also known as workers’ comp or workman’s comp, is an insurance policy that provides financial protection to employees who are injured or become ill due to work-related incidents. It is a vital aspect of protecting both employees and employers in the workplace.  This insurance coverage provides financial assistance to employees who suffer work-related injuries or illnesses, covering medical expenses, lost wages, disability payments, and rehabilitation costs.  For employers, workers’ compensation insurance helps mitigate financial liabilities and legal risks associated with workplace injuries.