Who is the Guarantor in workers compensation?

In workers' compensation, the Guarantor typically refers to an entity that guarantees the payment of benefits to injured workers when the employer cannot fulfill their obligations. This can be an insurance company providing coverage for worker injuries or, in some cases, a state fund that steps in when an employer is self-insured and unable to pay claims. The Guarantor ensures that workers receive necessary medical care and compensation for lost wages due to work-related injuries.