As a "no-fault" form of insurance designed to prevent lawsuits, workers compensation insurance protects both the employer and employees, by preventing sudden and harsh financial burdens from job-related incidents.

The two categories of workers compensation include:

• Workers' Compensation Insurance - Protects employees by providing income if job-related disease or injury prevents performing job.
  
  
• Employer's Liability Insurance - Protects businesses against lawsuits resulting from claims of occupational injury, illness, or disability.