What Is Occupational Accident Insurance?



If you haven’t heard of occupational accident insurance before, there can be a lot to know. The bottom line is that occupational accident insurance can protect your company. But how does it protect your company and what is it? Keep reading to find out.

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Let’s start with what occupational accident insurance is. It is insurance you can offer through your company to independently contracted drivers, which they have the option to purchase.

What do these policies cover? These policies typically cover accidental death and dismemberment, accident medical, and accident disability. These policies are triggered by an injury during the course of the drivers’ work day, including driving and non-driving duties. For example, it would cover if the driver was involved in a driving accident, or if they were to get hit by another vehicle at a rest stop.

So, why should you offer occupational accident insurance? Not providing these coverages to your independent contractors creates exposure to your company. When an uninsured contracted driver sustains an injury, they may take legal action against your company in an attempt to receive compensation.

Watch the video above to learn more about what occupational accident insurance is, what it covers, and why you should offer it!


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