Worker’s compensation insurance may offer benefits to employees who suffer work-related injuries or illnesses. It may also offer protection to you and your business in the event the injured employee or employee’s family files a lawsuit against you. Worker’s comp policies may include employee coverage for injury-related or illness-related medical expenses as well as lost wages. In the event of death, benefits may be provided to the victim’s family. In the state of Tennessee, worker’s compensation insurance is required by law of any business with employees.