Workmen’s compensation provides financial and medical benefits to employees who sustain injuries or illnesses arising from their employment. This system is designed to offer protection to workers when workplace incidents occur. For example, an employee who suffers a back injury while lifting heavy boxes at work is typically eligible for benefits covering medical expenses and lost wages.
The primary focus of this insurance is to ensure that injured workers receive necessary care and wage replacement, enabling them to recover and return to work. The historical context stems from the need to create a more efficient and predictable system for handling workplace injuries, replacing the often lengthy and uncertain process of pursuing legal action against employers.
