What type of endorsement to the standard workers' compensation policy provides benefits to exempt employees?

The correct answer focuses on the Voluntary Compensation and Employers Liability Coverage Endorsement, which is designed to provide coverage for exempt employees who are not typically included under a standard workers’ compensation policy but are offered the benefits voluntarily by the employer. This endorsement allows employers to extend workers' compensation benefits to those employees who might otherwise be excluded, ensuring they have access to necessary protections in the event of a work-related injury or illness.

This coverage is beneficial to companies that wish to maintain a comprehensive safety net for all workers, regardless of their classification. It addresses gaps in coverage that standard policies may not fill, allowing for a more inclusive approach to employee welfare.

The other potential options, while they may provide different forms of coverage or benefits within the scope of workers' compensation, do not specifically address the inclusion of exempt employees in the way that the Voluntary Compensation and Employers Liability Coverage Endorsement does. Each option serves a distinct purpose, but in this case, only the Voluntary Compensation endorsement directly caters to providing benefits to that specific group.