Construction accident insurance, employer's liability insurance, and security liability insurance are all commercial insurance, which is a supplement to the construction industry's work injury insurance, so which of these three insurances is better? First, what does this insurance cover?
Construction accident insurance
Construction accident insurance: it belongs to the group accident insurance, during the validity period of the insurance liability, if the insured suffers an accidental injury accident at the construction site or the designated construction living area, the insurance company shall bear the insurance liability accident death insurance premium and the accidental disability insurance premium according to the following agreements;
The insured person of the insurance is the worker;
Employer's liability insurance: When an employee employed by an employer engages in the work related to the insured's business as specified in the insurance policy during the period of employment, the insured shall be responsible for compensation within the prescribed compensation limit for the medical expenses and economic compensation liabilities that shall be borne by the insured according to the law or the employment contract if the employee is injured, dies or suffers from occupational diseases within the prescribed compensation limit.
The insured person of the insurance is the employer, that is, the enterprise; when the claim is made, the first person should pay the enterprise;
Safety liability insurance: Safety production liability insurance (referred to as safety liability insurance) refers to the commercial insurance in which the insurance institution compensates the casualties and related economic losses caused by the production safety accidents that occur in the insured production and operation units, and provides accident prevention services for the insured production and operation units.
The insured is a business;
In general, the content of the three product guarantees is generally similar, if it is not an industry person, you may not understand the difference, here Xiaobian makes a table everyone may have a clear understanding of the difference at a glance; here is the main list of the general characteristics of the products on the market, and some product details may be slightly different;
Employer's Liability Insurance Construction Accident Insurance Comparison of Security Liability Insurance
From the above figure, we can basically see that the employer's liability insurance and security liability insurance are slightly better than the construction accident insurance, whether from the scope of protection or anti-risk ability, and this is only a comparison from the level of the nature of the insurance, in the actual process, we have to combine the insurance rate, the amount of protection, the age of the insured population, the scope of protection, the proportion of compensation, the deductible amount and other details of the comprehensive analysis, this should be compared with the actual terms of each insurance company; so the insurance has no so-called good or bad, Only if it is not suitable, in the future, Xiaobian will explain which details in the insurance terms need to be paid attention to in the purchase of the above insurance