Workers’ compensation is a form of insurance designed to protect employees and their families from financial losses resulting from a work-related injury or illness. It covers medical care, lost wages, vocational rehabilitation, and death benefits.
There are two types of workers’ compensation:
- Temporary disability, where an employee is off work for a period of time and then has to return to work.
- Permanent disability, where an employee can no longer work in any capacity and must rely on benefits from welfare, pensions, or social security.