Workmen Compensation

Workmen Compensation

• Workmen compensation act provides coverage for unforeseen legal liabilities of an employer that can arise from the employee's end.
• The policy covers the legal liability of an employer under Workmen Compensation Act, 1923, Indian Fatal Accident Act, 1855 and Common Law.
• Workmen Compensation Act is monitored by the Ministry of Labour & Employment and the claims are settled by the Labour Court as per the employee's wage.

Benefits of Workmen Compensation

• Workmen compensation provides coverage to the Unskilled, semi-skilled and skilled workers/labours for unexpected bodily injury, death or disability arising during their employment.
• The workmen compensation insurance policy covers temporary disablement, permanent partial disablement and permanent total disablement.
• The wc policy provides coverage for legal costs and expenses with the company's consent.
• The policy period ranges from 1 month to 12 months.
• The customer can opt for the following three add-ons, Sub-contractor cover, Medical extension, and Terrorism.