Wednesday, 15 July 2015

workers compensation and employers liability policy


An insurance policy that provides coverage for an employer's two key exposures arising out of injuries sustained by employees.

Part One of the policy covers the employer's statutory liabilities under workers compensation laws, and

Part Two of the policy covers liability arising out of employees' work-related injuries that do not fall under the workers compensation statute.

Source: http://www.irmi.com/online/insurance-glossary/terms/w/workers-compensation-and-employers-liability-policy.aspx

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