It doesnt hurt if the starting business owners first study the pros and cons of an Occupational Accident Insurance and a Workers Compensation so they would know how they.

Is occupational accident insurance the same as workers compensation. Occupational insurance provides coverage for independent contractors unlike workers. Chosen by 1000s of happy parents. Occupational Accident Insurance provides similar benefits but to independent contractors.

Optional childrens cover for greater peace of mind. Ad Award-Winning Personal Injury Solicitors With Nationwide Coverage - Call Us Now. This type of insurance may provide medical disability and accidental death and dismemberment benefits but unlike workers compensation it is not state-regulated.

An occupational accident insurance policy gives the employer the means to fund most or all of this obligation at a lower cost than a workers compensation policy. Essentially workers compensation insurance provides wage replacement and medical benefits to employees whereas occupational accident insurance provides similar coverage but for independent contractors. Compare Quotes From Whole UK Market In Just 60 Seconds.

AN OCCUPATIONAL ACCIDENT POLICY IS NOT A POLICY OF WORKERS COMPENSATION INSURANCE. Click here to download. Trucking companies like to have this coverage in place.

The insurance coverage needed depends on the workforce the risk thats willing to be assumed and the laws of your state. True it is sometimes as much as 30 less costlybut theres a trade-off for everything in life. Occupational Accident Insurance Use the infographic below to gain a better understanding of the difference between Workers Compensation and Occupational Accident Insurance as well as to learn the pros and cons of each.

The Simplest Way To Buy Accident Injury Insurance Online. Many trucking companies use occupational accident insurance for truckers to fund benefits for owner-operators who are not employees. Occupational accident insurance is a policy that is designed to offer benefits to independent contractors and employees who are not covered under a workers comp program.