Workers’ compensation insurance is mandatory insurance that businesses in India must purchase to cover the legal and medical expenses for employee accidents, injuries, occupational ailments, and death. What exactly does the workers’ compensation policy do? In India, workers’ compensation is mandatory insurance that businesses of all sizes must purchase to provide wage and medical benefits […]






Does worker’s compensation cover employee negligence?
Many people do not realise that industrial injuries and accidents are quite frequent. These accidents and injuries can be highly damaging, often leading to permanent total or partial disability, if not death. Workers deserve compensation as they contribute to the employer’s business success. Moreover, the labour of workers contributes to the comfort and consumption of […]
Features of Workmen Compensation policy – Infographic
A workmen’s compensation policy covers the financial liabilities on behalf of organizations in case of injury or death of workers during their employment course. As per the statutes of the Workmen’s Compensation Act, 1923, organizations are financially responsible for compensating injured workers. Therefore to take care of this financial responsibility, a workmen’s compensation policy is […]
Workmen compensation Policy | What are the features of the policy
A workmen’s compensation policy covers the financial liabilities on behalf of organizations in case of injury or death of workers during their employment course. As per the statutes of the Workmen’s Compensation Act, 1923, organizations are financially responsible for compensating injured workers. To take care of this financial responsibility, a workmen’s compensation policy is designed. […]
Seven Exclusions of Workmen Compensation Policy
The Workmen Compensation Insurance Policy is an essential backup plan for employers. It protects them from incurring any financial liability when workers have an accident. The policy covers financial expenses arising due to physical injury, partial or total disability and occupational diseases of workers while on duty or because of their employment. It is imperative […]
What is indemnity in Workers Compensation Insurance?
The indemnity clause entitles workers to get compensation for lost wages that they are otherwise capable of earning while recovering from a work-related accidental injury/illness. In workers’ compensation insurance, ‘to indemnify’ means to make payments to the injured or sick employee or to their family members during their employment course, and as specified by the […]
Why is workman’s compensation policy is a must for Organisations?
While organizations try to make the workplace as safe as possible, accidents can happen anytime. According to the report published in a leading newspaper, the Ministry of Labour reported an average incidence of 1,400 fatal and 1 lakh non-fatal accidents in non-domestic places. It is the employers’ responsibility to ensure their workers are working in […]
What is the Workmen Compensation Insurance Policy?
Today’s global work environment has turned the spotlight on employees’ rights. To safeguard organizations from the threat of costly lawsuits and other financial liabilities insurers offer the Workmen’s Compensation(WC) Policy. It covers the statutory liability of an employer for the death, injury or occupational disease of an employee at the workplace. As it protects the […]
Know all about the Workmen’s Compensation Insurance Policy and its Benefits
In today’s highly competitive work environment, employees’ rights have also moved forward. Providing a safe and secure work atmosphere is one of the main responsibilities of an employer. However, one can’t deny the fact that injuries at the workplace are a common part of businesses. In order to protect your business from the threat of […]
How to Determine Post Hospitalization Medical Expenses in a Worker Compensation Insurance?
A worker’s compensation policy applies to accident-related bodily injury or illness due to work. To avail of the benefit of this type of policy, it is important that the worker should have suffered bodily injury or an accident during the policy period. A workmen’s compensation policy covers both the pre-hospitalization charges and the post-hospitalization charges […]