What is workers’ compensation?

Workers’ compensation insurance helps to protect businesses and their employees from financial loss when an employee is hurt on the job or gets sick from a work-related cause.

Also known as workman’s comp, workman’s compensation, and workers’ comp, the aim is to help protect workers from potentially devastating costs of work-related injuries.

Workers’ compensation also helps to guard employers from potential damages that could affect the financial and corporate responsibility status of their business should they not have protection.