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 […]

Read More

How do I buy a workmen compensation policy?

A workmen’s compensation policy is important coverage for organizations. It protects employers from financial liabilities suffered under the Workmen’s Compensation Act, 1923, Fatal Accidents Act, 1855, and also under Common Law. Every organization is financially liable to compensate its employees if they suffer any physical injury due to the nature of their employment. A workmen’s […]

Read More

Seven Exclusions of Workmen Compensation Policy

The Workmen Compensation Insurance Policy is an essential backup plan for employers. Itprotectsthem 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 for small […]

Read More

What is the Workmen Compensation Insurance Policy?

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 […]

Read More

Workmen’s Compensation: What you need to know as an Employer

Irrespective of the type or size of your business, employees or workers are the real reason for your success. Therefore, providing a safe and conducive working atmosphere to your employees is indispensable. However, one can’t deny the fact that accidents or injuries can happen at a safe workplace also. Let’s see Workmen’s Compensation as an […]

Read More

Risks You Should Consider While Running a Construction Business

The construction business is one of the most complex ones in the industrial sector due to the involvement of machines and equipments on a large-scale. Their use increases the risks of accidents at the site. A construction project includes complex and time-consuming procedure with deadlines that can be tough to meet due to many prospective […]

Read More