Occupational Accident & Workers' Comp....What's the difference?

Workers' Compensation or Occupational Accident Coverage - which is the right product for your client?

  Workers' Compensation Occupational Accident
Type of Coverage State Regulated Optional
What Does It Cover? Pays medical bills, death benefits and replaces certain lost wages Pays medical bills, death benefits and replaces certain lost wages
Who Does It Cover? Employees injured on the job Independent Contractors injured on the job
Benefits Unlimited  Subject to limits
Admitted vs. Non-Admitted Admitted Admitted & Non-Admitted
Type of Policies One policy for the entire company

Policy written on a group basis. Group size is dependent upon industry.

Who Pays? The Employer The Independent Contractor

Why Purchase Occupational Accident Insurance?

  • Business owners can protect themselves from expensive lawsuits and costs by Independent Contractors seeking reclassification to employee status
  • Limits in coverage allow employers to manage costs
  • Zero deductible and competitive monthly premiums
  • Independent Contractors have peace of mind that they are protected

Learn more about Occupational Accident! »

*Occupational Accident is not a substitution for Workers' Compensation and does not satisfy statutory requirements for Workers' Compensation.

Legal Disclaimer: Views expressed here do not constitute legal advice. The information contained herein is for general guidance of matter only and not for the purpose of providing legal advice. Discussion of insurance policy language is descriptive only. Every policy has different policy language. Coverage afforded under any insurance policy issued is subject to individual policy terms and conditions. Please refer to your policy for the actual language.