What does Part One of a standard workers' compensation policy outline?

Part One of a standard workers' compensation policy specifically outlines the insurer's duty to pay for benefits when they are due. This section focuses on the legal obligations of the insurer to provide coverage for medical expenses, lost wages, and other types of benefits to employees who sustain work-related injuries or illnesses.

This duty includes timely compensation for the claims filed by employees, ensuring that they receive the benefits they are entitled to without unnecessary delays. This is crucial for maintaining the financial stability of employees who might be facing medical expenses and loss of income due to their injuries.

While the other options touch on relevant aspects of workers’ compensation, they do not summarize the primary focus of Part One as accurately as the correct choice. The employer's obligations, appeals processes, and coverage limits are important components of the broader workers’ compensation policy, but they fall under different sections or parts of the policy rather than being the primary focus of Part One. The clarity on what benefits are payable and the insurer's responsibility to ensure timely payment is what defines this section.