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Workmen Compensation policy – Right insurer (infographic)

Workmen Compensation policy – Right insurer 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 […]

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Does premium vary with different workmen compensation insurers?

Does premium vary with different workmen compensation insurers? Workplace injuries can be expensive. Accidents can happen, resulting in death or injury to employees at the workplace. Specifically, in businesses with 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 […]

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Who is the right insurer for a workmen compensation policy?

Who is the right insurer for a workmen compensation policy? An organization that employs individuals is expected to adhere to the Workmen’s Compensation Act, 1923, Factories Act, 1948 and the rules laid down in Common law. These Acts and laws require companies to pay compensation to their employees and workers if they suffer physical injuries […]

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How to decide the Insurer in Workers’ Compensation?

How to decide the Insurer in 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, […]

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