WAEC Commerce 2003 Question 34

Question 34

Insurance

Which of the following types of insurance is taken against claims made by staff who get injured while at work?

  1. A.Fidelity guarantee insurance
  2. B.Consequential loss insurance
  3. C.Products' liability insurance
  4. D.Employers' liability insurance
Show the answer and explanation

Answer: D (Employers' liability insurance)

Explanation

Employer's liability insurance covers claims by workers injured at work.