What does Workers Compensation mean? Read on to discover the definition & meaning of the term Workers Compensation - to help you better understand the language used in insurance policies.
Workers compensation is a state-provided insurance designed to cover work-related incidents that occur on the job. This helps a company's insurance company quickly assess the cause of an incident without holding someone responsible for the incident. Due to the expansiveness of this coverage, employees are not allowed to sue an employer who provides them with Workers compensation.
We hope the you have a better understanding of the meaning of Workers Compensation.