Which type of insurance provides financial and medical benefits to those with work-related injuries and their families, regardless of fault?

The correct answer is related to a specific type of insurance designed to address work-related injuries. Workers' compensation is intended to provide medical care, rehabilitation, and financial compensation for lost wages to employees who get injured or become ill as a result of their job duties. Importantly, this insurance operates on a no-fault basis, meaning that benefits are available to the injured workers regardless of whose fault the injury was. This structure not only supports employees in recovering but also protects employers by limiting their liability in the event of workplace injuries.

In contrast, liability insurance is designed to cover damages that a policyholder is legally obligated to pay due to injury or damage to another person or entity, which does involve determining fault. Property insurance protects against risks associated with physical assets, such as damage or loss of property, and does not cover personal injury. Malpractice insurance, typically associated with professionals like doctors and lawyers, specifically provides coverage for claims related to negligence or failure in professional duties, again focusing on fault and professional misconduct rather than workplace injuries. Therefore, it is clear that workers' compensation is specifically tailored for work-related incidents, making it the most appropriate choice in this context.