What is occupational accident insurance?

Occupational accident insurance is a type of coverage that provides benefits to employees who are injured or killed while performing their job duties. This insurance typically covers medical expenses, lost wages, and death benefits for the employee and their dependents.

Employers can purchase occupational accident insurance to protect their employees and ensure they are adequately compensated in the event of a work-related injury. This insurance is designed to supplement workers' compensation coverage and may cover a wider range of injuries that are not typically covered by workers' comp.

Occupational accident insurance can be tailored to meet the specific needs of different industries and types of jobs. It can be offered as a standalone policy or as part of a broader business insurance package.

Overall, occupational accident insurance is an important coverage for both employers and employees, as it helps provide financial protection and support in the event of a workplace injury.