Sidebar_image1 Sidebar_image1 Sidebar_image1
1 3 2 4 5 6
Sidebar_image1 Sidebar_image1 Sidebar_image1

Need for Workmen compensation insurance – Infographic

A workmen’s compensation policy is a commercial insurance policy that covers the legal liability of an employer under the Workmen Compensation Act of India, which is monitored by the Ministry of Labour & Employment. Labourers have the highest probability of injuries or death on the worksite for which this policy provides compensation. Workmen or employees […]

Read More

Why do I need workmen compensation policy?

  Workers and employees are always at risk of suffering employment-related hazards during their employment term. Often labourers have the highest probability of injuries or death on the work site. An organization becomes financially responsible to compensate workers/ or their family members for losses suffered due to: any physical injury disability or death due to […]

Read More

How does Workmen Compensation benefit an Organisation?

A workmen compensation insurance policy enables an organisation or employer to cover any liability arising due to injury, disability or death of a worker or employee while at work under the Workmen Compensation Act, 1923. It offers legal coverage against liability that may arise during the business. In general, most insurers also cover the claims […]

Read More

What are the Statutory Requirements for Workers’ Compensation Insurance?

An employer can take Workers’ Compensation Insurance to get protection against financial uncertainties. It covers the risk of injury, disease and death of an employee at the workplace. Note that buying workman compensation insurance is not mandatory but paying workers compensation on injury is. Also, many manufacturers need to buy workman compensation as a contractual […]

Read More

What does Workmen Compensation Insurance Policy cover?

The Workmen compensation insurance policy is a product designed to ensure the employer against their liability towards the workers in case of an injury at the workplace. Workmen Compensation Act: Workmen Compensation Act is to provide organizations and workers with a medium to decide the extent of compensation owed by the employer if a worker […]

Read More