What Does Voluntary Compensation Maritime Coverage Endorsement Mean?

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What does Voluntary Compensation Maritime Coverage Endorsement mean? Read on to discover the definition & meaning of the term Voluntary Compensation Maritime Coverage Endorsement - to help you better understand the language used in insurance policies.

Voluntary Compensation Maritime Coverage Endorsement

Voluntary Compensation Maritime Coverage Endorsement

Allows an employer with maritime workers compensation exposure to offer benefits of the state designated in the endorsement to an injured employee or survivors of a deceased employee. Used in conjunction with the maritime liability endorsement, which extends employers liability cover. The voluntary compensation maritime endorsement provides injured seamen an alternate remedy to legal action.

We hope the you have a better understanding of the meaning of Voluntary Compensation Maritime Coverage Endorsement.

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