An insurance product that provides financial and medical benefits to employees who suffer work-related injuries or illnesses, while protecting employers from related lawsuits.
Main/
Workers' Compensation Insurance
[]
Code
PS0033
[]
Name
Workers' Compensation Insurance
[]
Version
1.0
[]
Category
Insurance & Risk Management
[]
Created
2025-03-14
[]
Modified
2025-04-02
Related Techniques
- Allows manipulation of employee classifications or payroll figures to decrease premiums owed.
- Facilitates submission of false claims or documentation understating the true workforce size or wages for insurance savings.