Which policy minimizes the financial impact on companies due to employee-related injuries?

Workers' Compensation Insurance is designed specifically to minimize the financial burden that companies face when employees are injured while performing their job duties. This type of insurance provides necessary support by covering medical expenses, rehabilitation costs, and a portion of lost wages for injured workers. Additionally, it protects the employer from potential lawsuits related to workplace injuries by ensuring that injured employees can claim benefits without resorting to litigation.

This insurance is crucial for companies as it allows them to manage the potentially high costs associated with workplace accidents and ensures they remain compliant with legal requirements regarding employee safety. Meanwhile, other types of insurance, such as life insurance and disability insurance, serve different functions and do not focus primarily on the financial impacts of workplace injuries, making them less relevant for this specific scenario. Professional liability insurance, while important for covering claims related to professional services, does not address employee injuries specifically. Therefore, Workers' Compensation Insurance stands out as the essential policy for mitigating the costs associated with employee-related injuries.