What is Workers Compensation Insurance?
Every year, there are thousands of work-related injuries and illnesses, many of which are serious. When employees become ill or injured on the job, the employer can frequently be held responsible for lost wages, medical expenses and other claim-related expenses. Workers compensation insurance policies help Massachusetts employers protect themselves from many of the costs that accompany covered work-related injuries and illnesses.
Workers compensation insurance is a highly specialized form of insurance. As such, it’s usually purchased as a stand-alone policy that’s separate from any other policies.
WHAT KINDS OF INJURIES AND ILLNESSES ARE COVERED BY WORKERS COMPENSATION?
Workers compensation policies cover a range of injuries and illnesses, so long as they are work-related. Some examples of ailments that a policy might cover include:
Repetitive motion injuries
Burns, scrapes and cuts
Fractures and sprains
Short-term and long-term illnesses