Workers’ compensation insurance gives your employees benefits if they have a work-related injury or illness. Also known as workers’ comp or workman’s comp insurance, this coverage can help cover your injured or sick employees’ medical expenses. It can also help replace wages from lost work time. Most states require companies with employees to carry workers’ compensation insurance. But workers’ comp requirements vary from state to state. When a workers’ compensation claim is filed, it has to be accepted by the injured or sick employee. Employees can receive workers’ compensation insurance, regardless of who is at fault for the injuries or illness.