Features of Workmen Compensation policy – Infographic

A workmen’s compensation policy covers the financial liabilities on behalf of organizations in case of injury or death of workers during their employment course. As per the statutes of the Workmen’s Compensation Act, 1923, organizations are financially responsible for compensating the injured workers. Therefore to take care of this financial responsibility, a workmen’s compensation policy […]

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Need for Workmen compensation insurance – Infographic

Why there is a need for Workmen Compensation insurance? A workmen’s compensation policy is a commercial insurance policy that covers the legal liability of an employer under the Workmen Compensation Act of India, which is monitored by the Ministry of Labour & Employment. Laborers have the highest probability of injuries or death on the worksite […]

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Why do I need workmen compensation policy?

Why do I need workmen compensation policy? Workers and employees are always at risk of suffering employment-related hazards during the their employment term.  Often labourers have the highest probability of injuries or death on the work site. An organization becomes financially responsible to compensate workers/ or their family members for losses suffered due to: any […]

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What are the features of workmen compensation Policy?

A workmen’s compensation policy covers the financial liabilities on behalf of organizations in case of injury or death of workers during their employment course. As per the statutes of the Workmen’s Compensation Act, 1923, organizations are financially responsible for compensating the injured workers. To take care of this financial responsibility, a workmen’s compensation policy is […]

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What is the right price for workmen compensation policy?

What is the right price for workmen compensation policy? A workmen’s compensation policy entails 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 unforeseen perils of employment. Moreover, a wide range of […]

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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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Steps To Take When Your Employee Is Injured At Work

Steps To Take When Your Employee Is Injured At Work The world is full of uncertainties, and no one can predict their fate, but we keep on trying for a better tomorrow. Similarly, your organization is your little world where you try best for your employee’s safety. But sometimes worst things can happen like a […]

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Do I need workmen’s compensation insurance?

Yes, you need workmen’s compensation insurance if you belong to the following category= Any employer of an employee who does not qualify as ‘workmen’ but enjoys any of the employee-employer relationships. It is the legal responsibility of employers to make the workplace safe for their employees. However, mishaps can occur even at a safe location […]

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