Question

In which type of insurance is a payment made to the affected worker even if the claim is made many years later and even if the person is no longer insured by the same company?

(a) Workers' compensation insurance.
(b) Liability insurance.
(c) Personal health insurance.
(d) Retroactive insurance.

Answer 1

Workers' compensation insurance is the type of insurance in which a payment is made to the affected worker even if the claim is made many years later and even if the person is no longer insured by the same company.

Step-by-step explanation:

The type of insurance in which a payment is made to the affected worker even if the claim is made many years later and even if the person is no longer insured by the same company is Workers' compensation insurance.

Workers' compensation insurance is a type of coverage that employers are legally required to have. It provides benefits to employees who suffer work-related injuries or illnesses. These benefits can include medical expenses, lost wages, and disability payments.