What is the primary purpose of workers' compensation insurance?

Workers' compensation insurance is primarily designed to provide financial protection and medical benefits for employees who sustain injuries or become ill as a direct result of their job duties. This insurance ensures that employees receive necessary medical treatment and can compensate for lost wages during their recovery period.

In the event of an on-the-job injury, workers' compensation serves as a safety net, allowing employees to focus on their healing process without the immense pressure of financial strain due to medical expenses or lost income. It also protects employers by limiting their liability in the event of workplace injuries, as employees typically cannot sue their employers for injuries covered by workers’ compensation.

The other options, while important in different contexts, do not encompass the primary focus of workers' compensation insurance. Protecting against property theft, providing liability coverage, and insuring business property are each handled by different types of insurance policies, which serve their own specific purposes apart from worker health and safety in the workplace.