What is work compensation?

Work compensation, often referred to as workers' compensation, is a form of insurance that provides financial and medical benefits to employees who are injured or become ill due to their job. It typically covers medical expenses, rehabilitation costs, and a portion of lost wages. In exchange for these benefits, employees generally forfeit the right to sue their employer for negligence. The system is designed to protect both workers and employers by ensuring that injured employees receive necessary support while limiting legal disputes.