Under the Jones Act, crewmembers are protected against injury and/or disability resulting from negligence. This is a highly specialized type of insurance, but depending on the nature of your business, it may be one you need to consider. This is especially true if your business involves Merchant Marine crewmembers. Skipping this type of insurance may appear to save you money in insurance premiums, but it only takes one mishap for those savings to turn into a huge financial burden for you and your business.
To learn more about this type of insurance, contact one of our JF Murray insurance professionals today.
This web site may contain concepts that have legal, accounting and tax implications. It is not intended to provide legal, accounting or tax advice. You may wish to consult a competent attorney, tax advisor, or accountant.