AVIATION INSURANCE Description: Aviation Worker's Compensation Statistics Questions to ask an expert General Tips Products and Services Books and Publications Click to Go To The Expert

Description
Aviation Workers Compensation Insurance was created to ensure that workers who are injured on the job are provided with coverage for medical bills and wage loss. Employers are required to carry this insurance for circumstances that relate to an employee injured on the job or becoming ill due to the job performed.

Coverage under this insurance includes:
  •  Monetary awards to persons injured or disabled on the job
  •  Benefits to dependents of workers killed because of work related accidents and illnesses
  •  Liability insurance and medical insurances do not cover on the job injuries
  •  Some insurance companies extend coverage to include the expenses of transporting injured workers from foreign countries to the United States

Statistics
Studies show that there is a higher incidence of occupational disease in air transportation workers and sustaining serious sprains and strains is commonplace.

Questions to ask an expert
  •  Define an “on the job” illness
  •  As an employer, what provisions must be stated in my policy and do they vary from state to state
  •  How do I classify my aviation employees since they have overlapping responsibilities
  •  Are their changes I could make to my business or my employees’ job descriptions that would lower my premiums
  •  Can my business be included in a group policy that will afford me some discounts

General Tips
  •  Assess your demographics and speak to your broker about the different provisions that should be put into your policy
  •  As an employer, know the laws that protect against litigation
  •  Workplace Safety and Health regulations are designed to help eliminate the occurrence of workplace injury and illness – Follow OSHA guidelines
  •  Unless covered by worker’s compensation insurance you as an employer will always liable for the medical expenses of both his employee and the independent contractor.
  •  You do not need to cover the independent contractor if he can prove to you that he is carrying his own worker’s compensation insurance. Be sure to ask for the certificate of insurance before the independent contractor starts working for you.
  •  Most policies will cover you in you own state. Be sure to have your insurance agents include the states that your business is involved in for all your employees to be covered.
In case of injury of one of your employees or contractors on the job, you must notify your insurance carrier immediately whether the injury is severe or minor.
  •  There are ways that can help save you money on your worker’s compensation premiums. Incorporate a Drug Free Workplace and Employee Safety Program which is an incentive program designed to help employers establish safer and more cost-effective workplaces. In addition you can request to be part of a group, as it often is offered at a discount.
  •  Read your insurance policy carefully and thoroughly and ask your agent to clarify any item that is not understood.
  •  For assistance with all the above tips and more GoToTheExpert.com

Products and Services

Books and Publications
  •   Introduction to Aviation Insurance and Risk Management, Second Edition (Hardcover)

  •   Ultimate Guide to Workers' Compensation Insurance (Entrepreneur Magazine's Ultimate Books) (Paperback)
Ultimate Guide to Workers’ Compensation Insurance provides a behind-the-scenes look at this complicated issue and puts control back into the hands of business owners. Its countless money-saving tactics could save many small businesses from having to shut their doors.