Workers\’ compensation insurance, known as \”levantam workers\’ comp insurance\”, is a state-mandated coverage that provides benefits to employees who suffer work-related injuries or illnesses. For instance, if a construction worker falls from a scaffold and breaks their leg, levantam workers\’ comp insurance would cover their medical expenses and lost wages.
Levantam workers\’ comp insurance is crucial because it protects both employers and employees. Employers are shielded from financial liability, while employees are guaranteed access to necessary medical care and income replacement. Historically, the implementation of levantam workers\’ comp insurance has significantly reduced workplace fatalities and improved employee well-being.