Which option is a method to provide Employers Liability coverage for monopolistic states?

Which option is a method to provide Employers Liability coverage for monopolistic states?

• A. Endorse a Workers Compensation and Employers Liability Insurance Policy written for non-monopolistic states with an Employers Liability Coverage Endorsement
• B. Endorse a CGL Policy, with a Stop Gap - Employers Liability Coverage Endorsement
• C. Purchase a separate policy with Employers Liability Insurance for the monopolistic state
• D. All of the above

Answer: (D)

In monopolistic states, workers’ compensation is provided through a state fund, but Employers Liability coverage isn’t automatically included. You still need EL coverage to protect against liability from injuries not strictly covered by WC. There are several practical ways to obtain this protection: - Endorse an Employers Liability Coverage Endorsement onto a Workers Compensation policy (even if the WC policy is written for a non-monopolistic state). This adds EL protection to the WC framework. - Endorse a Commercial General Liability policy with a Stop Gap – Employers Liability endorsement. This attaches EL coverage to the GL program for situations where EL isn’t provided elsewhere. - Purchase a separate Employers Liability policy specifically for the monopolistic state. Because each of these methods can provide the required EL coverage, all of the above are valid options.

In monopolistic states, workers’ compensation is provided through a state fund, but Employers Liability coverage isn’t automatically included. You still need EL coverage to protect against liability from injuries not strictly covered by WC. There are several practical ways to obtain this protection:

• Endorse an Employers Liability Coverage Endorsement onto a Workers Compensation policy (even if the WC policy is written for a non-monopolistic state). This adds EL protection to the WC framework.

• Endorse a Commercial General Liability policy with a Stop Gap – Employers Liability endorsement. This attaches EL coverage to the GL program for situations where EL isn’t provided elsewhere.

• Purchase a separate Employers Liability policy specifically for the monopolistic state.

Because each of these methods can provide the required EL coverage, all of the above are valid options.