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

Seven Exclusions of Workmen Compensation Policy

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 […]

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

Workmen’s Compensation: What you need to know as an Employer  A worker was killed, and four others were injured during a mishap 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 […]

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

Does your Business Need Workmen Compensation Insurance Policy?

Yes, you need a workers’ compensation insurance policy, even if you have fewer employees. The fact is that any business working 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 of […]

Read More