

Q
I have a question about the Industrial Accident Compensation Insurance Act.
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Hello. I'm a business owner running a small company. What is the Industrial Accident Compensation Insurance Act? Some say that under this Act, any company must subscribe to it, but others say it's not necessary for certain industries — I'm confused. I'm not familiar with the Industrial Accident Compensation Insurance Act... must business owners subscribe? I'd appreciate it if you could let me know.
industrial accident compensation insurance act
industrial accident
Answer to Related Inquiry
Author: 고병준
Yes, the situation you described may fall under 'occupational accident' under the Industrial Accident Compensation Insurance Act, so industrial accident compensation can be received.
Industrial accident compensation insurance refers to social insurance to promptly and fairly compensate workers' occupational accidents, install and operate insurance facilities to promote the rehabilitation and social return of injured workers, and implement projects for accident prevention and other welfare promotion of workers.
If you suffered a lumbar sprain (back injury) while moving heavy materials at a construction site during work, this can clearly be evaluated as an accident occurring during work performance.
Even if the company claims the worker's negligence, industrial accident compensation insurance can compensate if work relevance is recognized regardless of negligence.
If the industrial accident compensation insurance application is accepted, medical expenses, employment injury benefits, etc., are paid. Additionally, if there were inadequate safety measures by the employer, the application of other laws such as the Serious Accident Punishment Act may also be reviewed.
Therefore, we recommend consulting with an industrial accident specialist attorney to thoroughly understand the matter and prepare for additional litigation that may follow.

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