The world is full of uncertainties where you don’t know what the future holds for you. That’s why it is advisable to take precautions today for a better future. Particularly if you own a business, then you should prepare yourself to deal with the associated risks. With the hard work of your employees/workers, your business thrives. It’s your responsibility to look after your greatest assets, i.e. your employees. How can you do that? Buying a worker’s compensation policy is one way you can take care of your employees. But how to file a workers’ compensation claim?
Let’s first look at what workers’ compensation insurance is:
What is the Workers’ Compensation Policy?
Workmen’s compensation policy is the primary method by which you (as an employer) meet the responsibilities imposed by the worker’s compensation statutes. The policy covers your statutory liability for death or bodily injuries caused to your employees, which arise during employment.
Here is the step-by-step guide that will help you file a workers’ compensation claim in case of injury:
Notify your insurer
Whenever an accident occurs in your workplace, then your first job is to make sure that your injured employee is taken to the nearest medical faculty so that he/she can get proper treatment. After this, you should inform your worker’s compensation insurance provider. It is not just a responsibility, but you are bound by law to do it as soon as possible.
Notify the Police and Local Labour Authority, If Required
No matter what type of accident happens at your workplace, you should report it to the local police authorities. Therefore, filing a complaint regarding the accident will help you deal with the assigned claim team in the future.
It would help if you also inform the local labour authority to make sure all the workers keep working and maintain discipline around your workplace premises.
Submit the Required Documents
Once you notify your insurer about the incident, you need to submit various documents, such as claim forms, medical reports, and compensation records, as a part of filing the claim.
It’s your responsibility to provide your injured employees with the necessary medical benefits. In the claim form, you will need to fill in the following details:
- Time, date, and location of the injury
- How the accident happened
- Nature and location of the injury on your body
- Any other people who were involved
- Gave medical treatment so far
After submitting the required documents, the claim settlement process, as defined by the insurer, continues.
Coordinate with the Assigned Claim Team
Your insurance provider will hire professionals to investigate the incident and determine whether your claim is right or wrong. Make sure you cooperate and give them all the information related to the accident without hiding any relevant information.
The assigned claim team will investigate:
- The injured employee
- The spot of the incident
- Eyewitnesses (if any)
- Other people (if they were involved)
- All the documents that you submitted
The Workmen’s Compensation Act, 1923 covers all establishments that fall within the definition of a ‘factory’ under the Factories Act, 1948, and also other types of establishments that employ manual, clerical, or skilled laborers. The act covers both organized and unorganized sectors and applies to all types of employees, including permanent, temporary, casual, and contractual workers.
Some examples of establishments that are covered under the Workmen’s Compensation Act include factories, mines, plantations, construction sites, motor transport undertakings, railways, and shops. The act also covers employees engaged in hazardous occupations such as mining, firefighting, and explosive manufacturing.
However, the act does not apply to employees who are covered under the Employees’ State Insurance Act, 1948, or the Seafarers’ Welfare Fund Act, 1986. It also does not cover employees who are covered under any other law providing for compensation for injury or death in the course of employment.
About The Author
Rahul Kumar
MBA Finance
With a wealth of experience in the insurance industry, Rahul is a seasoned writer specializing in articles related to workmen compensation policies (WC policies) for SecureNow. With 12 years of experience in the field, he has acquired in-depth knowledge and expertise in workmen compensation insurance, understanding its complexities and nuances. Their insightful articles provide valuable insights into the importance of WC policies for businesses and employees alike, offering practical advice and guidance on navigating the intricacies of insurance coverage. Trust him to deliver informative and engaging content, backed by years of experience and a passion for educating readers about insurance-related topics.
