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WORKING WITHOUT LONGSHORE?
Despite the change in the act, it is very dangerous to work without LONGSHORE coverage for 3 reasons:
1. You cannot take that great job on the commercial vessel when offered.
2. You won’t have coverage for an attorney to defend you in the event one of your injured employees tries to challenge the change in the act and brings an action for LONGSHORE coverage.
3. You will not have defense costs OR coverage for an injured employee who tries to claim that the vessel they are working on was commercial in nature.
Incidental LONGSHORE coverage can be provided today by many markets at the cost of typically around 1% or less of your total premium. This provides you critical coverage and the ability to work at a tiny cost. |
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LONGSHOREreform 2009 |
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This site is sponsored by LIG Marine Managers, Inc. www.LIGMarine.com |