👉 Counterassurance is a type of insurance policy that provides protection against certain types of losses. It typically covers losses that are not covered by the primary policy, such as property damage or medical expenses related to an injury sustained on the job. The policy may also cover claims for lost wages or benefits if the employer has reason to believe that the employee is unable to work due to a disability caused by the loss. Counterassurance policies can be purchased separately from the primary policy and are often offered as part