The association's maximum liability per covered claim for workers compensation claims is what amount?

In the context of workers' compensation claims, the maximum liability per covered claim for the association typically refers to the full amount of the claim that is covered under the insurance policy. This means that if an employee is injured and files a claim, the association will cover the full cost of medical expenses, rehabilitation costs, and any lost wages that are deemed necessary due to the injury, up to the limits established by law or individual policy stipulations.

Workers' compensation is designed to provide complete financial coverage for employees who suffer work-related injuries or illnesses. The rationale behind this is to ensure that employees receive adequate care and support without the burden of high out-of-pocket expenses. Therefore, when the option states "Full Amount," it correctly captures the essence of the liability that associations have in ensuring all necessary compensations are fulfilled, reflecting the protective intent of workers' compensation laws.

As for the other options, the specifed amounts like $50,000, $75,000, or $100,000 would imply arbitrary caps on coverage that do not conform to the broader objective of workers' compensation, which is to provide comprehensive support for injured workers. Thus, the correct understanding of maximum liability reinforces the principle of providing full financial protection for accidents occurring in the workplace