BUISENESS MANAGEMENT
INSURANCE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Group health insurance
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COBRA
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Liability Insurance
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Workers’ compensation
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Detailed explanation-1: -Worker compensation covers injuries, disabilities, and deaths of employees caused by accidents during their job.
Detailed explanation-2: -Every employee (including those employed through a contractor but excluding casual employees), who is engaged for the purposes of employer’s business and who suffers an injury in any accident arising out of and in the course of his employment, shall be entitled for compensation under the Act.
Detailed explanation-3: -The Workmen’s Compensation policy provides payment for legal compensation to Employees or their dependants in case of injury and accident of the employees at workplace (including certain occupational disease) arising out of and in the course of employment and resulting in disablement or death.
Detailed explanation-4: -An Act to provide for the payment by certain classes of employers to their workmen of compensation for injury by accident. WHEREAS it is expedient to provide for the payment by certain. classes of employers to their workmen of compensation for injury by. accident; It is hereby enacted as follows:–CHAP.