If you run a business that operates near or on a navigable waterway, you may not have all the insurance you are required to have. Due to the federal Longshore and Harbor Workers’ Compensation Act of 1927, businesses near the navigable waters of the United States are required to carry an additional type of insurance coverage called USL&H coverage.
What Is USL&H Coverage?
United States Longshore & Harbor coverage is designed to cover costs that are associated with one of your employees getting injured. It is similar to workers’ compensation but is only required for businesses operating near or on the navigable waters of the United States. Some examples of work locations where this coverage is required are:
- Adjacent piers
- Marine railways
What Does USL&H Cover?
USL&H provides extensive benefits for workers who are injured on the job. In fact, in many ways it provides far more liberal benefits than state-mandated workers’ compensation. Some examples of benefits are:
- Weekly allowance to individuals undergoing approved rehab programs
- Disability benefits for two-thirds of the worker’s average weekly wage
- 3-day waiting period eliminated if the disability exceeds 14 days
Sometimes, workers’ compensation is not enough. If your business operates near or on the navigable waters of the United States, USL&H coverage is a must-have.