What type of insurance provides income payments to workers who get injured on the job?

Worker's compensation insurance is specifically designed to provide income replacement and medical benefits to employees who are injured while performing their job duties. When a worker experiences an injury that prevents them from working, this type of insurance ensures they receive a portion of their wages during the recovery period, along with coverage for medical expenses incurred due to the work-related injury.

This type of insurance is mandatory in most states and functions to protect both the employee and the employer. It allows injured workers to receive necessary financial support without the need for litigation against their employer, which fosters a safer work environment and ensures that workers are compensated for their losses.

The other types of insurance listed serve different purposes: unemployment insurance provides benefits to those who have lost their jobs through no fault of their own; health insurance covers medical expenses but does not specifically address income replacement for work-related injuries; and life insurance pays out a benefit upon the death of the insured, which is unrelated to work injuries.