Employer's Liability Insurance primarily protects a business against what?

Employer's Liability Insurance is designed to protect businesses against claims made by employees who suffer injuries or illnesses as a result of their work. This type of insurance covers the legal costs and compensation payments that a business may be required to make when an employee claims that their injury was caused by negligence or failure to maintain a safe work environment.

Having this insurance is crucial for employers, as it helps ensure that they can fulfill their legal responsibilities and provide support to employees who are harmed while performing their job duties. The coverage typically includes injuries that occur at the workplace, while performing work-related tasks, or as a result of their work environment.

The other options refer to different types of insurance needs. Claims from customers for faulty products relate to product liability insurance, theft of assets by employees would be covered under fidelity or crime insurance, and damages caused by company vehicles are typically handled by commercial auto insurance. Each of these scenarios involves risks that require different types of coverage, separate from what employer's liability insurance provides.