84131901 Workers' compensation insurance service

Definition

UNSPSC 84131901

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue their employer for the tort of negligence. The trade-off between assured, limited coverage and lack of recourse outside the worker compensation system is known as the compensation bargain. One of the problems that the compensation bargain solved is the problem of employers becoming insolvent as a result of high damage awards. The system of collective liability was created to prevent that, and thus to ensure security of compensation to the workers. Individual immunity is the necessary corollary to collective liability. Coverage provides continuing wage payments.

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Under 84131900 · 5

84131901 Workers' compensation insurance service You are here 84131902 Professional errors and omissions liability insurance services Commodity 84131903 Directors and officers liability insurance services Commodity 84131904 Fiduciary liability insurance services Commodity 84131905 Employment practice liability insurance services Commodity

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KBLI · 27

Inherited from family 84130000.

65111 Asuransi Jiwa Konvensional Sub-class 65112 Asuransi Jiwa Syariah Sub-class 65121 Asuransi Umum Konvensional Sub-class 65122 Asuransi Umum Syariah Sub-class 65123 Aktivitas Penjaminan Simpanan dan Asuransi Sub-class 65131 Penjaminan Konvensional Sub-class 65132 Penjaminan Syariah Sub-class 65201 Reasuransi Konvensional Sub-class 65202 Reasuransi Syariah Sub-class 65203 Penjaminan Ulang Konvensional Sub-class 65204 Penjaminan Ulang Syariah Sub-class 65301 Aktivitas Dana Pensiun Pemberi Kerja Konvensional Sub-class 65302 Aktivitas Dana Pensiun Pemberi Kerja Syariah Sub-class 65303 Aktivitas Dana Pensiun Lembaga Keuangan Konvensional Sub-class 65304 Aktivitas Dana Pensiun Lembaga Keuangan Syariah Sub-class 66211 Aktivitas Penilai Risiko Asuransi Sub-class 66212 Aktivitas Penilai Kerugian Asuransi Sub-class 66221 Aktivitas Agen Asuransi Sub-class 66222 Aktivitas Pialang Asuransi Sub-class 66223 Aktivitas Pialang Reasuransi Sub-class 66224 Aktivitas Agen Penjaminan Sub-class 66225 Aktivitas Broker Penjaminan Sub-class 66226 Aktivitas Broker Penjaminan Ulang Sub-class 66291 Aktivitas Advisori Aktuaria Sub-class 66292 Aktivitas Pengawasan Jasa Keuangan Asuransi dan Dana Pensiun Sub-class 66299 Aktivitas Penunjang Lainnya untuk Asuransi, Penjamian, dan Dana Pensiun YTDL Sub-class 84300 Aktivitas Jaminan Sosial Wajib Sub-class