workers' compensation insurance

workers' compensation insurance
workers' compensation insurance n: insurance purchased by an employer or created through self-insurance that provides coverage for workers' compensation claims by injured employees

Merriam-Webster’s Dictionary of Law. . 1996.

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Look at other dictionaries:

  • workers' compensation insurance — Insurance coverage purchased by employers to cover risks under workers compensation laws. Such is usually mandated by state acts, unless the employer is self insured. See also insurance …   Black's law dictionary

  • workers' compensation insurance — insurance required by law from employers for the protection of employees while engaged in the employer s business. [1975 80] * * * …   Universalium

  • workers' compensation insurance — insurance required by law from employers for the protection of employees while engaged in the employer s business. [1975 80] …   Useful english dictionary

  • workers' compensation insurance — work′ers compensa′tion insur ance n. bus insurance required by law from employers for the protection of employees while engaged in the employer s business • Etymology: 1975–80 …   From formal English to slang

  • Workers' compensation — (colloquially known as workers comp in North America or compo in Australia) a form of insurance that provides compensation medical care for employees who are injured in the course of employment, in exchange for mandatory relinquishment of the… …   Wikipedia

  • workers' compensation — work·ers compensation n 1: compensation for injury to an employee arising out of and in the course of employment that is paid to the worker or dependents by an employer whose strict liability for such compensation is established by statute ◇… …   Law dictionary

  • Workers' Compensation Acts — State statutes that 1) require employers to purchase insurance to protect their workers and 2) establish the liability of employers for injuries to workers while on the job or illnesses due to the employment. Workers compensation is not based on… …   Law dictionary

  • Workers' Compensation Coverage A — Insurance that protects employees under state laws, and provides medical care, death, disability and rehabilitation benefits for workers who are injured or killed while on the job. The insurer agrees to pay all compensation and benefits related… …   Investment dictionary

  • workers' compensation — money paid to an employee to compensate for injuries received in connection with their work. All employers must insure against claims for this kind of compensation. Glossary of Business Terms * * * workers compensation UK US noun [U] also… …   Financial and business terms

  • workers' compensation — n. 1. a government sponsored insurance system, funded by contributions from employers, for compensating employees for injury or occupational disease suffered in connection with their employment 2. compensation given under such a system * * *… …   Universalium

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