A mandatory government-sponsored insurance plan funded by employers that provides wage-loss benefits,health care,survivor benefits,and rehabilitative services to eligible employees with work-related injuries or diseases is known as

Question

Quizplus · Accepted Answer

The description provided matches that of Workers Compensation, which is a mandatory insurance plan funded by employers to cover employees who suffer from work-related injuries or diseases. It provides benefits including but not limited to wage-loss, health care, survivor benefits and rehabilitation services. Short-term and Long-term Disability Plans are voluntary insurance plans that provide income replacement benefits to employees who are unable to work due to a disability. Employment Insurance is a federal program in Canada that provides temporary financial assistance to unemployed individuals while they search for a new job or upgrade their skills.

A Mandatory Government-Sponsored Insurance Plan Funded by Employers That Provides