As an employer, you are often required to purchase Work Injury Compensation Insurance (a.k.a. Workmen Compensation Insurance). Do you know what benefits are covered under this insurance policy?
Most workmen compensation insurance will pay claim according to the Work Injury Compensation Act.
The Work Injury Compensation Act lets employees claim for 3 things:
- Medical leave wages
- Medical expenses
- Lump sum compensation for permanent incapacity or death.
But there are limits to each type of compensation.