Which of the following is classified as casualty insurance?

Question

Quizplus · Accepted Answer

Casualty insurance usually covers losses resulting from accidents or unexpected events. Workers compensation insurance provides benefits to employees who are injured or become ill as a direct result of their job. It covers medical expenses, lost wages, and rehabilitation expenses. Therefore, workers compensation insurance is classified as casualty insurance. The other options (B) fire insurance, (C) marine insurance, and (D) life insurance are not classified as casualty insurance.

Which of the Following Is Classified as Casualty Insurance