Which insurance type protects against claims related to employee injuries?

Workers' compensation insurance is specifically designed to protect both employees and employers when an employee suffers a job-related injury or illness. This type of insurance provides benefits to the injured worker, including medical expenses and wage replacement during recovery, irrespective of fault. It also protects employers from lawsuits that could arise from workplace injuries, as long as they comply with the regulations of the workers' compensation system.

The nature of this insurance makes it crucial for businesses, especially in industries with higher risks of injury, to ensure they can support their employees while minimizing their liability. This focus on workplace injury coverage sets workers' compensation apart from other types of insurance, which cover different risks and scenarios. For instance, general liability insurance typically covers third-party claims of bodily injury or property damage, but not employee-related injuries. Contractual liability insurance deals with obligations outlined in contracts, while product liability insurance pertains to claims arising from defective products. Thus, workers' compensation is the most appropriate choice for protecting against claims related to employee injuries.