What is the primary purpose of Workers' Compensation insurance?

The primary purpose of Workers' Compensation insurance encompasses several crucial aspects, making "all of the above" the correct choice. Workers' Compensation is designed to provide coverage for employees who sustain injuries while performing their work duties, ensuring they receive necessary medical treatment and compensation for their injuries. This assistance is essential in maintaining the wellbeing of employees and helping them recover without the added strain of financial instability from lost wages.

Additionally, a vital function of Workers' Compensation is to offer benefits for lost wages, which can be a significant concern for injured workers unable to perform their jobs due to their injuries. These benefits support workers during their recovery periods, enabling them to focus on healing without the stress of income loss.

Moreover, Workers' Compensation protects employers from lawsuits related to workplace injuries. This legal protection is a cornerstone of the Workers' Compensation system, as it allows employers to avoid litigation related to workplace incidents as long as they have provided a safe working environment and comply with the Workers' Compensation laws.

Overall, the inclusive nature of Workers' Compensation insurance makes it vital for both employees and employers, ensuring a balanced approach to workplace injury management and legal protection.