Injuries and deaths among United States workers cost billions of dollars and millions of total lost work days, cutting into every dollar of pre-tax company profit.

Workers’ compensation insurance provides benefits to employees for work-related injuries. Coverage includes medical care and a portion of lost wages when the employee is unable to work. Workers’ compensation insurance also provides benefits for the employee’s dependents if the employee dies during work-related duty.

State laws require most employers to carry workers’ compensation insurance.

Statutory benefits prescribed in state law are provided by an employer to an employee (or the employee’s family) due to a job-related injury (including death) resulting from an accident or occupational disease. The Employers’ Liability insurance agreement pays on behalf of the insured employer all sums the insured firm may become legally obligated to pay as damages because of bodily injury sustained by any employee during the course of his/her employment.