Being protected while on the job through occupational accident insurance is important. Employers and employees in Portland, OR can benefit from the occupational accident insurance policies we offer at Choice One Insurance Inc.
The following are three important things to know about occupational accident insurance:
Occupational accident insurance combines aspects of workers’ compensation and long-term disability.
Unlike workers’ compensation insurance, occupational accident insurance is a private type of insurance that is not state-administered or required by law.
Occupational accident insurance covers expenses like lost wages and medical bills after a workplace accident. Occupational accident insurance can offer features such as permanent total disability coverage, a survivor’s benefit in the event of an accident resulting in death, and accidental dismemberment benefits.
Occupational accident insurance can benefit independent contractors in particular.
The biggest difference between occupational accident insurance and workers’ compensation insurance is that occupational accident insurance focuses in particular on protecting independent contractors.
Independent contractors often do not get workers’ compensation insurance coverage. Employers can purchase occupational accident insurance so that they can offer protection to their independent contractors.
Occupational accident insurance often offers the advantage of more flexibility than workers’ compensation insurance plans.
Occupational accident insurance tends to offer more flexibility since it is not state-administered. This gives employers the ability to devise policies that best cover the unique injury risks of their industries.
Employers have to make numerous choices about what types of coverage they want to include in their occupational accident insurance policy.
Reach Out To Us
We can help you explore your occupational accident insurance options in Portland, OR at Choice One Insurance Inc. Get in touch with us to learn about the policy options we provide. We can also offer you a quote on an occupational accident insurance policy.
Both employers and employees have various ways of protecting themselves in the workplace. Workers’ compensation insurance is a popular way to do that, but there are others.
Another type of coverage that can help is occupational accident insurance. If you’re in the Portland, OR area, Choice One Insurance Inc. can help you find the right kind of coverage for the workplace.
That will give you the protection and peace of mind you need, for the long term.
Occupational Accident Insurance: What You Need To Know
When you have insurance for occupational accidents, it protects the employer by typically being a more comprehensive option. It also allows employers to increase or limit coverage for employees, so the level of coverage can more closely match what’s actually needed. Flexibility is another big reason that employers like this type of insurance. With options for temporary and permanent disability, survivor benefits, and accidental death, employers can make sound choices for coverage needs.
Employees are protected by this type of insurance through the flexibility that they offer. Because employers have options, employees can also make requests and discuss the value of specific coverage types. That’s a good way for employees to feel valued, and to make sure they’re choosing a company that fits their goals and meets their employment needs.
Contact Us Today
Reach out to us at Choice One Insurance Inc. today, if you’re in the Portland, OR area and looking for occupational accident insurance.
We can help make sure you have the right type and level of coverage, so you can focus on all the things that matter most. With peace of mind and quality coverage, you can stop worrying about insurance protection and get back to addressing company and workplace goals. That makes it easier to build out a team, help clients, and accomplish more, overall.
Employers have a special responsibility to their employees and to independent contractors which work with them. If these individuals are injured in the course of providing services for the employer, they are entitled to certain benefits. Occupational accident insurance is one way employers can provide these benefits. At Choice One Insurance Inc, serving Portland, OR, we can help you navigate these insurance topics.
What Is Occupational Accident Insurance?
Occupational accident insurance is a type of insurance policy that an employer can put in place to provide benefits to their employees and independent contractors. If an employer uses independent contractors, those workers may not be covered under traditional worker’s compensation insurance. However, accidents and injuries still happen. Occupational accident insurance will kick in and provide benefits for those independent contractors.
Why Should I Get Occupational Accident Insurance?
If an independent contractor is injured while using your equipment or while providing services for you, you could be held liable for the expenses resulting from this incident. These expenses could include, but are not limited to, medical expenses and legal expenses.
What Does Occupational Accident Insurance Cover?
You can customize your policy to suit your particular needs, but in general, a policy will provide the following benefits:
- Accidental death benefits for families
- Survivors benefits
- Medical expenses
- Temporary disability
- Permanent disability
To understand all of the types of benefits available, you will need to talk with a knowledgeable insurance representative.
If you would like to learn more about our insurance products and services, please contact us at Choice One Insurance Inc, serving Portland, OR. We will be happy to answer your questions.