Nail the Contractor License Exam 2026 – Build Your Path to Success!

The type of insurance that provides coverage over and above worker's compensation for employees is liability insurance. This type of insurance typically covers additional risks that may not be fully addressed by worker's compensation alone. While worker's compensation provides benefits for employees injured on the job, liability insurance covers situations that may arise due to third-party claims, such as bodily injury or property damage that occurs as a result of business operations. It can offer protection against lawsuits that might not be covered under worker's compensation, making it essential for businesses looking to safeguard themselves against potential legal liabilities related to their employees' work.

Health insurance, life insurance, and property insurance serve different purposes and do not directly extend beyond the worker's compensation coverage in the way that liability insurance does. Health insurance covers medical expenses for employees, life insurance provides financial support to the beneficiaries of deceased employees, and property insurance protects the physical assets of a business. None of these types of insurance offer the additional protections specifically related to workplace injuries or third-party claims that liability insurance does.