What does a workers' compensation policy & employers liability cover?
Workers' Compensation is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment.
With the exception of maritime employers, almost all employers must obtain workers compensation insurance or qualify as a self-insurer under the applicable state workers compensation statue. Except in the few states that require workers compensation insurance to be bought from the state government, most workers compensation insurance is provided in connection with employers liability insurance in a single policy. The workers compensation portion of the policy covers the insured's obligations for occupational injury and disease under the relevant workers compensation law (s). The employers liability portion of the policy covers common-law suits against the employer that arise out of employee injury or disease. By endorsement, the policy can be extended to cover obligations under other statues, such as the Federal Longshore and Harbor Workers Compensation Act.
