Workers' compensation insurance is a type of insurance that provides monetary and medical benefits to employees who suffer job-related injuries or illnesses. The primary goal of this insurance is to ensure that employees receive the necessary support while also protecting employers from legal liabilities. Therefore, workers' compensation insurance, which compensates employees for accidents or injuries occurring during work, is essential for business operations.
Workers' compensation insurance provides essential financial support and medical treatment to injured employees while protecting employers from legal liabilities. Additionally, the benefits provided by workers' compensation insurance prevent injured employees from relying on public support programs or disability benefits, thus avoiding a burden on society.