Employer's liability insurance refers to the employee employed by the insured who engages in the work related to the insured's business as stated in the insurance policy and suffers from business-related accidents or occupational diseases, resulting in injury, disability or death.
The medical expenses and economic compensation responsibilities that the insured should bear according to the Labor Law of People's Republic of China (PRC) and the labor contract, including the litigation expenses that should be paid, are an insurance in which the insurer is responsible for compensation within the prescribed compensation limit.
Safety production liability insurance is the insurance that the production and business operation units perform the compensation liability for the dead and disabled after the production safety accident, which plays an important role in maintaining social stability and harmony.
2, the scope is different
Employer's liability insurance only bears the personal injury of its employees during work, while safety production liability insurance includes not only the personal injury compensation of its employees, but also the personal injury compensation of a third party.
Safety production liability insurance also bears the compensation for property losses, but employer liability insurance does not; The insurance accident of employer liability insurance is an accident during work, while the safety production liability insurance mainly refers to the liability accident caused by negligence.
3. Different insurance rates
Because it is the province-wide unified insurance promoted by the government, the insurance rate of a liability insurance is much lower than that of the employer's liability insurance, which reduces the economic burden of the insured enterprises.