How the LHWCA Act Impacts Your Business

How the LHWCA Act Impacts Your Business


Running a business can often prove to be a serious headache. This is especially true when it comes to taking out the right insurance plan. In most cases, the insurance that will work best for your company will depend entirely on the industry in which you operate. Typically, employees who are injured on the job are protected by a workers’ compensation plan. However, there are times when this package is not enough to cover all circumstances. If you operate a marina or harbor, you must factor in the Longshore and Harbor Workers’ Compensation Act.

What Is the LHWCA Act?

As mentioned by experts, the LHWCA Act  was put into place in order to protect workers who may fall outside of the standard protections offered by typical insurance plans. For example, you may have workers who spend a good amount of time on ships away from shore. To make sure that this person is protected in the event of an injury or illness, you need to have coverage that factors in the circumstances detailed by the Longshore and Harbor Workers’ Compensation Act. Essentially, those covered by this act include longshoreman, ship builders & repairers, dock workers, and more. Protection typically includes:

  • Accidents and injuries on the job
  • Coverage for certain assets
  • Protection from regulatory penalties

Understand the Regulations of Your Industry

Understanding the laws that impact your industry is important when it comes to finding appropriate insurance. When you have a firm grasp over how these regulations work, you will have no trouble finding insurance that fits.