Workers compensation and employers liability policy

{
  "id": "MLC-T-INS-003549",
  "term": "Workers compensation and employers liability policy",
  "field": "Insurance and risk management",
  "definition": "A standard insurance policy that combines two distinct coverages for employers. The workers' compensation part covers the statutory obligations to pay benefits to injured employees, while the employers' liability part protects the employer against lawsuits brought by employees for work-related injuries not covered by workers' compensation statutes. This policy addresses both no-fault and fault-based claims arising from workplace incidents.",
  "subject": "Workers Compensation",
  "url": "https://mlchart.com/terminology/insurance/workers-compensation-and-employers-liability-policy/"
}