How to get the best WC insurance from among the options available in the market? Workmen or employees are the most valuable assets of any company. It is the employers’ responsibility to provide them with a safe working environment. In this regard, every employer lays down various safety measures. However, accidents at the workplace are […]
Does premium vary with different workmen compensation insurers? Workplace injuries can be expensive. Despite all the safety measures by the employer, workplace accidents can still happen to result in death or injury to employees. Specifically, in a business where the nature of work is risky, protection against such risks is extremely important. Workmen compensation insurance […]
The Workmen Compensation Insurance Policy is an essential backup plan for the employers to safeguard themselves from any liability arising due to physical injury, partial or total disability and occupational diseases suffered by their employee while on duty or because of the occupational activity. The small organisations which depend on their employees for their growth […]
A workmen compensation insurance policy enables the employer to cover any liability arising due to injury, disability or death of a worker or employee while at work under the Workers’ Compensation Act, 1923. It offers legal coverage against liability that may arise during business. In general, most insurers also cover the claims that come under […]
As a business owner, it should be one of your priorities to increase the volume of your earnings in a fair and ethical manner. You are required to protect all your assets and proceedings by adhering to Government compliances as well as by ascertaining the welfare of your employees. Providing your employees with workmen compensation […]
A worker was killed, and four others were injured when a mishap occurred at a private stainless-steel plant in Jaipur. Irrespective of the type or size of your business, employees or workers are the real reason for your success. Therefore, providing a safe and a conducive working atmosphere to your employees is indispensable. However, one […]
Medical expenses cover can be included as an add-on in a workmen compensation insurance policy. Different insurers define the limit of medical benefits differently. Some of these options are: A fixed sum (per case) daily, for the duration of hospitalization The actual amount spent up to the total sum insured as defined at the time […]
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 […]
Yes, you need a workmen compensation insurance policy, even if you have fewer employees. The fact is that any business working with either part-time or full-time is vulnerable to lots of expenses if its employees become sick. Even if your business is statutorily exempt from buying coverage, you should properly weigh all the catastrophic costs […]
A workmen compensation insurance policy is meant to offer legal liability cover to employers and protect employees by providing them compensation in case of any injury or accident. However, small business owners consider it like any other extra and unnecessary expense and thus, scout for various ways to avoid buying it. Some small business owners […]
