Chubb Accident & Health offers Occupational Accident insurance for non-employee independent contractor drivers who aren't required by law to be covered by workers' compensation (WC). This coverage is designed for transportation companies seeking high-quality occupational accident and injury coverage combined with cost-effective, flexible plan designs. Chubb also offers Contingent Liability insurance to transportation companies, providing legal defense costs and payments for any settlements on behalf of the transportation company in the event the Occupational Accident covered driver pursues WC benefits.
Coverage
Highlights
Occupational Accident Insurance Coverage:
Core Benefits
- Accidental Death & Dismemberment (AD&D) and Paralysis
- Survivor benefit due to accidental death
- Temporary Total Disability (TTD)
- Permanent Total Disability (PTD)
- Accident Medical Expense (AME)
Additional Optional Benefits
- Non-Occupational Accident Benefits: Provides AD&D and AME coverage for injuries that occur when IC drivers are "off the job."
- Passenger Accident Benefits: Provides AD&D and AME coverage for guest passengers who are authorized by the Policyholder to ride in the truck with the covered driver while on dispatch. Passenger cannot be a driver, worker, helper, or a hitchhiker.
Contingent Liability Coverage:
- Workers’ compensation reimbursement benefits
- Employers’ liability reimbursement benefits
- Legal defense reimbursement
Client Profile
A transportation carrier that contracts with owner-operators who are not eligible for workers’ compensation.
The Chubb Advantage
- Underwriting expertise
- Our billing administrator provides online enrollment, efficient and timely monthly invoices, certificates of insurance, and dedicated support
- Access to Chubb's in-house broker (CISA) for surplus lines reporting for the CL policy, easing the administrative burden for brokers
- Flexible claims handling with benefits payable on behalf of the Policyholder or reimbursed if necessary
- Financial strength: Consistently high ratings from A.M. Best and Standard & Poor’s are an indication that we are financially strong and able to meet our obligations to our customers.