Workmen's compensation insurance is a form of insurance that provides financial assistance to employees who suffer work-related injuries or illnesses. Some common synonyms for this type of insurance include workers' compensation insurance, employment injury insurance, and workplace accident insurance. Other terms that may be used to refer to workmen's compensation insurance include industrial accident insurance, occupational injury insurance, and employee injury insurance. Regardless of the term used, the purpose of this insurance is to protect employees from the financial burden associated with workplace injuries or illnesses, ensuring that they have the resources they need to recover and return to work as quickly as possible.
