Chapter 18. Workers Compensation
Terms you'll need to understand:
Assumption of risk
Contributory negligence
Fellow servant rule
Permanent total disability
Permanent partial disability
Temporary total disability
Temporary partial disability
Private insurer
Monopolistic state fund
Competitive state fund
Self-insurance
Group insurance pools
Concepts you'll need to master:
Common law defenses
Exclusive remedy
Exempt employments
Compulsory compensation laws
Elective compensation laws
Deposit premium
Experience rating
In this chapter, we discuss workers compensation coverage, a type of insurance designed to cover employees who are injured on the job. Workers compensation pays for all medical and rehabilitative care required to recover from the injury and also pays an income ...
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