Workers' Compensation

(redirected from Workers Compensation insurance)
Also found in: Dictionary, Medical, Legal, Encyclopedia.

Workers' Compensation

Insurance that pays for an employee's medical care in the event that he/she is injured at work. Workers' comp may also provide for lost wages and compensate for disability or reduced earning potential. In exchange for receiving workers' comp, the employee surrenders the right to sue the employer for negligence. Workers' comp is mandatory in many jurisdictions and employee paychecks are reduced by the amount of the premium.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Mentioned in ?
References in periodicals archive ?
Speak to an entertainment insurance broker for more information about how to obtain workers compensation insurance as part of a restaurant insurance package.
California Entertainment Insurance Agency Discusses Workers Compensation Insurance
In a related matter, many state laws make employers responsible for injuries to employees of independent contractors if those independent contractors don't have workers compensation insurance. Your camp may well request certificates of insurance from all independent contractors who perform work there as proof they have workers compensation insurance.
Workers compensation facts
Click on "More Insurance Issues" Under "Hot Topics" and then on "Workers Compensation Insurance."
Workers comp: putting a lid on costs
Pie Insurance, a workers compensation insurance startup, has entered the California market.
The Latest Launches From OneBeacon and Pie Insurance

Financial browser ?
Full browser ?