Workers' compensation insurance is a type of insurance that provides benefits to employees who are injured or become ill as a result of their job. This insurance is typically mandated by law and is designed to provide financial protection to workers while also protecting employers from lawsuits related to workplace injuries or illnesses.

If an employee is injured on the job, workers' compensation insurance can cover medical expenses, lost wages, and other related costs. The specific benefits provided by workers' compensation insurance vary depending on the jurisdiction and the policy, but they generally include:

Medical expenses: Workers' compensation insurance typically covers the cost of medical treatment related to the injury or illness, including doctor visits, hospitalization, and medication.

Lost wages: If an employee is unable to work due to the injury or illness, workers' compensation insurance can provide a portion of their lost wages.

Vocational rehabilitation: If an employee is unable to return to their previous job due to the injury or illness, workers' compensation insurance may provide vocational rehabilitation services to help them learn new skills or find alternative employment.

In exchange for providing workers' compensation benefits, employers are typically protected from lawsuits related to workplace injuries or illnesses. However, there are exceptions to this protection, such as in cases of employer negligence or intentional harm.

Overall, workers' compensation insurance is an important form of protection for both employees and employers, as it helps ensure that workers are financially supported in the event of a workplace injury or illness while also limiting employer liability.