When Workers’ Comp is not a fit, Occupational Accident can be a great cost-effective policy option for transportation and other types of risks, as it provides both independent contractors and business owners coverage in the event of a work-related injury, similar to a Workers’ Compensation policy.  WHAT IS OCCUPATIONAL ACCIDENT INSURANCE?Occupational Accident insurance provides coverage for independent contractors / 1099s while on the job. It’s a very versatile product used across a wide scope of industries, with a focus on trucking, couriers / last mile delivery, staffing and healthcare.