General liability and workers’ compensation insurance serve distinct purposes in protecting your business from liabilities:
General Liability: Covers non-employee injuries, such as a client tripping in your office or property damage caused by your business operations.
Workers’ Compensation: Covers injuries to employees that occur during work, such as lifting injuries or slip-and-fall accidents. It’s often mandatory to comply with state requirements.
Both types of insurance help cover medical costs resulting from injuries, but they apply to different scenarios depending on whether the injured party is an employee or not.