What is a workers' compensation insurance policy?

A workers’ compensation insurance policy is a type of insurance that provides benefits to workers who sustain a job-related injury or illness. In California, employers are legally required to carry a workers’ compensation policy to provide medical, disability, and death benefits for their employees. A workers’ compensation policy typically covers treatment for the worker’s injury or illness, along with costs related to long-term disability, medical care, and/or death benefits. This insurance also covers lost wages and provides coverage for any work-related expenses that an employee may incur. Unlike most other types of insurance, a workers’ compensation policy does not provide coverage to any of the employer’s assets; it is solely intended to provide coverage for the employee. The policy is meant to provide a safety net for employees in the event of a work-related injury or illness, ensuring that they receive the necessary benefits to recover without having to worry about the financial burden. The main goal of a workers’ compensation policy is to ensure that the injured worker is able to get back to work as soon as possible. It provides the worker’s family with financial support in the event of death on the job, and it also provides them with important medical attention in the event of an injury.

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What is a workers' compensation insurance policy?

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