Which type of insurance specifically covers workplace injuries?

Workers' compensation insurance is specifically designed to cover workplace injuries. This type of insurance provides financial assistance and medical benefits to employees who are injured or become ill as a result of their job. It plays a crucial role in protecting both employees and employers; for employees, it ensures they receive the necessary care and compensation for lost wages due to work-related injuries. For employers, it limits liability by covering the costs associated with employee injuries instead of leaving them exposed to lawsuits.

In the context of lead abatement, where hazardous work conditions might be present, having workers' compensation insurance is vital to safeguard workers' health and mitigate financial risks. The other types of insurance mentioned serve different purposes: general liability insurance provides coverage for general business risks, errors and omissions insurance protects professional service providers against claims of inadequate work or negligent actions, and builders risk insurance covers buildings under construction from damages. Each serves an important role, but none specifically target workplace injuries like workers' compensation does.