MANAGEMENT

BUISENESS MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This coverage pays for medical care and replaces a portion of lost wages for an employee who is injured in the course of employment regardless of who was at fault for the injury.
A
Health Insurance
B
Disability Insurance
C
Workers’ Compensation Insurance
D
Malpractice Insurance
Explanation: 

Detailed explanation-1: -The Employee/Worker Compensation Policy helps the employer financially compensate employees who are injured or die because of an accident that happened while they were working. Worker compensation covers injuries, disabilities, and deaths of employees caused by accidents during their job.

Detailed explanation-2: -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-3: -Workers’ compensation in medical billing are provided by carriers to employers to cover treatment for illness or injuries that happen to their worker as a result of employment. As a service, workers’ compensation billing entails a lot of guidelines marked by several requirements and limitations.

Detailed explanation-4: -Workers’ compensation refers to the benefits that employees receive if they are injured on the job. Employer’s liability insurance protects an employer in the event that an employee sues them for workplace injuries. Workers’ compensation covers statutory requirements covered by India’s compensation laws.

There is 1 question to complete.