What's a Workers Compensation?

Workers' compensation or workers' comp is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence.

How does a workers compensation work?

Workers compensation is a form of insurance payment to employees if they are injured at work or become sick due to their work. Workers compensation includes payments to employees to cover their: wages while they're not fit for work. medical expenses and rehabilitation.

Is workers compensation the same as unemployment?

Workers' compensation benefits are intended to reimburse injured employees for wages that they are missing due to their injuries. ... Unemployment benefits, in contrast, are designed to support individuals while they look for a new position.