Workers Compensation is the system by which no-fault statutory benefits prescribed in state law are provide by an employer to an employee (or the employee’s family) due to a job-related injury (including death) resulting from an accident or occupational disease.

Employers Liability Coverage is provided by part 2 of the basic workers compensation policy and pays on behalf of the insured (employer) all sums that the insured shall become legally obligated to pay as damages because of bodily injury by accident or disease sustained by any employee of the insured arising out of and in the course of his employment by the insured.

Employers Liability Defense Expense Coverage provided coverage for defense expenses that an insured incurs because of a claim or suit for bodily injury sustained by your employee in the workplace and cause by an alleged intentional act to which insurance applies.

Monopolistic State Funds are jurisdictions where an employer must obtain workers compensation insurance from a compulsory state fund or qualify as a self-insurer (as is allowed in four of the states). Such insurance is not subject to any of the procedures or programs of the National Council on Compensation Insurance (NCCI). The following states/jurisdictions are monopolistic funds states: North Dakota, Ohio, Washington, West Virginia, Wyoming, Puerto Rick, and the U.S. Virgin Islands.

Excess Workers Compensation is a type of coverage available for risks that choose to self-insure the majority of workers compensation loss exposures. Two categories of coverages are available: specific, which controls loss severity by placing a cap on losses the insured must pay arising out of a single occurrence; and aggregate, which addresses loss frequency by providing coverage once a cumulative per occurrence loss limit is breached.