Washington State Insurance Practice Exam

What does "occupational accident insurance" provide?

1. Coverage for medical bills related to normal accidents

2. Benefits to workers injured on the job independently of workers' compensation

3. Insurance for accidents occurring during personal time

4. A retirement fund for injured workers

The correct answer is: Benefits to workers injured on the job independently of workers' compensation

Occupational accident insurance provides benefits to workers who are injured while on the job, functioning independently of the traditional workers' compensation system. This type of insurance is designed to offer additional coverage for employees in specific industries or situations where standard workers' compensation may not fully address their needs or apply at all. For example, many independent contractors or gig economy workers may not be covered under their employer's workers' compensation policy, yet they still face risks associated with their work. Occupational accident insurance fills this gap by providing financial protection for medical expenses and lost wages resulting from job-related injuries. This coverage specifically caters to workplace accidents and injuries, distinguishing it from other types of insurance designed for personal accidents or retirement benefits. It is not meant for regular medical expenses unrelated to work, nor does it function as a retirement plan for injured workers.