Employee Compensation

Employee Compensation

Employee Compensation (Workmens Compensation Policy)

Covers –

The legal liability of the employers under the Workmen’s Compensation Act 1923 and Fatal Accident Act 1855.

Policy provides payment for legal compensation to employees or their dependant in case of death or injury (permanent partial disablement / permanent total disablement / temporary disablement) caused due to injury and accident at workplace arising out of and in the course of employment.

Need For–

  • All manufacturing
  • Trading
  • Servicing setups for all floor workers and office staff as well.

Policy can be taken by Individual/Public or Private Companies/ Partnership firms or by any of business/Trading entity operating in the Country

Basis Coverage:

  • Accidental death
  • Permanent total or Partial Disability
  • Temporary total disability

Add On Covers:

  • Occupational Disease
  • Compressed Air Disease
  • Sub-Contractor Coverage
  • Terrorism
  • PAN India Location
  • Medical Extension
  • Cashless facility for medical expenses