Definition: Workers compensation

Workers compensation is funded by insurance paid for by employers. And is a system, operating under varying laws in each state and Canadian province of paying workers for medical care and disability payments with regard to work related accident and illness.
Insurance carried by employers to cover occupation-related injuries or conditions incurred by the employees.
Liability insurance requiring certain employers to pay benefits and furnish medical care to employees for on-the-job injuries, and to pay benefits to dependents of employees killed by occupational accidents.
A system established under state law that provides payments, without regard to fault, to employees injured in the course and scope of their employment.

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