Final answer:
Workers' Compensation Insurance coverage under Part Three applies when a state or states are listed in the policy, and allows for coverage in additional states if declared. It's part of a system designed to provide benefits to injured workers, funded by mandatory employer contributions, and influenced by historical labor movements.Thus the correct option is a.
Step-by-step explanation:
Coverage under part three - other states insurance of Workers Compensation Insurance typically applies when the state or states in question are listed in the policy. This part of the coverage is intended to provide protection for employees who might be working in states that are not initially listed in the policy at the time it was issued. To activate coverage under this part, the employer would typically notify the insurance carrier to have the new state or states added to the policy. It is not specifically related to the other options such as operating in a monopolistic state, whether the employee is full-time, or injuries occurring only in neighboring states.
Workers' compensation insurance is a mandatory form of insurance where employers contribute a portion of an employee's salary into a state-run fund. This fund is used to provide benefits to employees who suffer work-related injuries. The intent behind these laws, which came about due to the labor movements in the early 20th century, was to improve workplace safety, curb the rise of radicalism and socialism, and to minimize labor strikes by providing a safety net for injured workers.