From the employer's standpoint, workers' compensation insurance may be seen as a substitute for other types of liability insurance.

Question

Quizplus · Accepted Answer

Workers' compensation insurance provides coverage for employees who are injured or become ill on the job. It is a type of liability insurance that specifically covers workplace injuries and illnesses, and may be seen as a substitute for other types of general liability insurance that employers would need to carry to protect against other types of liability claims.

From the Employer's Standpoint, Workers' Compensation Insurance May Be Seen