• 2 Types of Injuries Covered Under Workers' Compensation Insurance

    Without commercial insurance, most businesses that suffer financial losses arising out of occurrence of common risk exposures such as worker injuries, property damage/loss, legal claims by third parties and product demand shifts, may have to close down because of not being able to pay for liabilities resulting in financial obligations. Workers' compensation is a form of commercial insurance paid to employees who are injured while in employment. Typically, it replaces lost wages and medical bills settled with personal monies, but if an employee succumbs to their injury, the insurance policy may cover funeral expenses.
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