Businesses need to safeguard themselves against hazards associated with employment in the dynamic modern workplace. Employment practices liability insurance claims deriving from discrimination, harassment, and wrongful termination, among other issues. What is Employment Practices Insurance? For companies navigating complex labour laws and shifting societal norms, EPLI offers a vital safety net that protects against costly […]
What is Occupational Hazard Insurance and its Coverages?
Workers’ compensation insurance, often known as occupational hazard insurance, is an essential line of defence for companies and employees. It provides financial security against work-related illnesses or accidents, ensuring missed income and medical care. Protecting workers from risks related to their occupations is essential for maintaining a safe workplace and preventing financial disaster. Occupational Hazard […]
Decoding Labor Insurance: Why It Matters for Regular Employees and Hired Labor
Labor power is the only capital that every working laborer possesses for their livelihood. Government has thus made it mandatory for the employer to compensate the labor for losses suffered due to workplace accidents. As per the labor protection laws, the government has made provisions of social guarantees for the affected laborers in accidental mishaps. […]
What are punitive damages in the context of workplace accident insurance?
Workplace accident insurance is a legal requirement, that provides financial protection to employers by compensating employees who get injured on the job. It protects employers from lawsuits, promotes workplace safety, and ensures a prompt and fair resolution for workplace injury claims. Having workplace injury insurance exhibits a commitment of the employer toward employee welfare and […]
What are the components of employment injury benefits under WC Policy?
Components of Employment Injury Benefits under WC Policy Having an accident in the workplace can be devastating, both emotionally and financially. In India, the employer is liable to compensate the employee for financial losses arising due to such incidents as per the Workmen Compensation Act, 1923. Insurance policies are designed to assist individuals who sustain […]
Workers Compensation Insurance Benefits in Case Injury was Due to Own’s Fault
Workers’ Compensation Insurance is a critical component of safeguarding employees’ well-being and financial security in organizations. It offers coverage and benefits to employees who are injured or unwell at work. However, an employee’s damage may occur as a result of their own carelessness or negligence. In such instances, it is critical to comprehend the consequences […]
ESI or WC Which is best applicable to my Organisation?
ESI or WC – Applicability When it comes to ensuring the well-being and protection of employees, two important policies come into play: Employees’ State Insurance (ESI) and Workmen’s Compensation Insurance (WC). In the event of work-related injuries or illnesses, these policies provide financial support and medical benefits to employees and their families. Understanding the applicability and […]
What are the most common claims for workers compensation?
Safety is an utmost important element to creating a healthy workplace environment. As safety-related incidents can affect the employees’ morale and their family, productivity, and the organisation’s reputation, various safety measures are taken to prevent such risks. However, ensuring workplace safety requires both employee and employer cooperation. Despite all the safety measures and rules for […]
Video- How to file a claim under Workmen Compensation insurance?
How to file a claim under Workmen Compensation insurance? Knowing the process and document requirements for filing a Workmen’s Compensation insurance claim is essential to ensure a smooth and successful claim filing process. It helps to avoid delays or rejections, and provides employees with the compensation they deserve in case of an accident or injury. […]
Video- How to buy Workmen compensation insurance online?
How to buy Workmen compensation insurance online? To understand the full benefits of a workmen compensation insurance policy visit SecureNow or write to us at support@securenow.in. You can also call us at +91 96966 83999, in case of any query.