Employers' Liability Insurance

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Definition of 'Employers' Liability Insurance'

Employers' liability insurance is a type of insurance that protects employers from legal liability in the event that an employee is injured or killed on the job. The insurance typically covers medical expenses, lost wages, and other costs associated with an employee's injury or death.

Employers' liability insurance is important for all businesses, regardless of their size or industry. It can help to protect employers from costly lawsuits and ensure that they are able to provide for their employees in the event of an accident.

There are a number of different types of employers' liability insurance policies available, so it is important to choose one that is right for your business. Some of the factors that you should consider when choosing a policy include the size of your business, the number of employees you have, and the type of work that your employees do.

If you are unsure about which type of employers' liability insurance policy is right for you, you should speak to an insurance agent. They can help you to compare different policies and find one that meets your needs and budget.

Employers' liability insurance is an important part of any business's risk management plan. By purchasing this type of insurance, employers can help to protect themselves from the financial consequences of an employee's injury or death.

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