How Does Workers Compensation Insurance Work?


 Workers’ compensation insurance provides financial and medical support to employees who suffer work-related injuries or illnesses. When an incident occurs, the employee files a claim, and the policy covers medical bills, rehabilitation costs, and lost wages. In exchange, employees typically waive their right to sue the employer for negligence. For employers, this insurance protects against lawsuits and ensures compliance with state regulations. Premiums are determined by the industry’s risk level and payroll size. Workers’ compensation fosters a safer workplace and demonstrates a company’s commitment to employee well-being.

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