Workers Compensation often required by law, Workers Compensation covers employee workplace injuries and workplace illnesses, including medical costs and lost wages. Workers' compensation is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue their employer for the tort of negligence.
EXAMPLE: You have a rockstar paralegal who stays long nights and preps all of your cases. After months of drafting legal docs, he/she develops carpal tunnel. Your Workers Compensation coverage is there to cover his/her lost wages and medical costs.
*Specific coverage may vary by policy