Workmen's Compensation Policy

One Of The Key Responsibilities Of A Company Is To Provide A Safe And Healthy Working Environment. In An Unfortunate Event Of An Employee Suffering A Bodily Injury (Temporary Or Permanent), Or Death During The Course Of Employment ,Employer Is Legally Liable To Pay Compensation To The Employee Under The Employee’s Compensation Act 1923 And Subsequent Amendments Of The Said Act, The Fatal Accidents Act 1855, And At Common Law. This Policy Provides Protection To The Employer Against This Statutory Liability. In Indian Context With The Advent Of Global Work Environment And Increased Employee Right Awareness Which Can Translate Into Costly Law Suits And Exorbitant Compensation The Policy Provides Protection To The Employers.

Indian Multinationals Who Have Workmen's Compensation Needs In Various Countries Around The World Can Opt For Global Policies From Various Insurer. Insurer Can Arrange Locally Admitted And Non-Admitted Policies As Per The Demands Of The Jurisdiction In Which The Multinational Operates.

Key Features

The policy covers statutory liability of an Employer for death or bodily injuries caused to employees due to accidents arising out of and in the course of employment.
Cover For:
  • Death
  • Permanent total disablement
  • Permanent partial disablement
  • Temporary disablement
  • Additionally, legal costs and expenses incurred with our consent
  • Policy can also be extended to include medical expenditure for necessary treatment