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Workmen Compensation policy – Right insurer (infographic)

According to the Workmen’s Compensation Act, 1923, Factories Act, 1948, and Common law, companies require to pay compensation to their employees and workers if they suffer physical injuries or death during the course of their employment. Since such injuries or deaths are uncertain, organizations face financial uncertainty. A workmen’s compensation policy helps companies cover these […]

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How does premium vary with different insurers for workmen compensation insurance?

Workplace injuries can be expensive. Accidents can happen, resulting in death or injury to employees at the workplace. Specifically, in businesses with the perilous nature of work, getting protection against workplace risks is extremely important. Workmen compensation insurance is effective as it secures you against lawsuits arising due to workplace accidents. Variation of premium from […]

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How to select the Insurer for Workers’ Compensation?

A workmen’s compensation policy provides a wide scope of coverage for the insured organization. The policy covers financial liabilities in case of physical injuries, permanent or temporary disablements and even death of the organization’s employees due to unexpected mishaps. Hence, it provides financial relief to organizations. So, deciding on the right insurer to provide the […]

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