Workers Compensation

Insurance term, definition. Workers Compensation, Workers Comp

What is Workers Compensation Insurance?

American Business-Owners acknowledge the importance of fair dealing with their employees.  The safety net they need is best found by having a Workers Compensation Policy in place.
Workplace Injuries

Workers Comp is a form of insurance designed to assure that resources will be in place to assist injured workers. The injured employee receives replacement wages and medical benefits. The insurance provides protection for employment-related injuries.

Premiums paid for Workers Compensation insurance are not made by the employee. The employer bars 100% of the cost of Work Comp coverage. While there is no financial cost for employees, the cost is associated with their ability to sue.