This is usually called "Workers' Compensation Insurance", or "Workers' Comp" / "Workmans Comp" for short.
workers compensation
Workers' compensation is an insurance that provides income to employees who have been hurt on the job. This type of insurance was originally offered to prevent lawsuits from injured employees but eventually became a requirement in the United States.
public liability insurance
Speculative (dynamic) risk is a situation in which either profit OR loss ispossible The outcome of such speculative risk is either beneficial (profitable) or loss. Speculative risk is uninsurable. Hope i helped!
Workers compensation insurance is nothing more than "workers compensation insurance". Your question is similar to asking what type of auto liability insurance does a person who drives a car need. There is not "type of workmans com" insurance. Just ask your local insurance agent to help you obtain workers compensation insurance and he will give you a quote.
Workers' compensation is important to protect employer's from the costs of on the job accidents of their employees. It is also important because it protects employees if they are injured on the job. Workers' compensation premiums are calculated based various factors including the type of work the insured performs, how much payroll the insured has, the previous loss history of the insured and certain rates set by carriers and states.
(a case involving an employee who was injured on the job)
Landlords house insurance is a type of insurance that protects the owner of a rental property from damage by tenants. This insurance can compensate the owner for cleanup costs and repairs as well.
know the injured worker and the type of work being performed
know the injured worker and the type of work being performed
Workers' compensation is a type of insurance that provides financial benefits to employees who suffer work-related injuries or illnesses. It covers medical expenses, rehabilitation costs, and a portion of lost wages for the injured worker. The purpose of workers' compensation is to ensure that employees are protected and provided for in the event of a workplace accident or injury.
There are many types of insurance you will need to own and operate your barbershop. The most important insurance will be liability insurance. Liability insurance will protect you in the event someone is injured on your property.