It typically covers all workers defined under the relevant labor laws, including permanent staff, casual laborers, and contractors, provided they are engaged in your business activities.
Your employees are the backbone of your operations, and their safety is your primary responsibility. Workmen’s Compensation Insurance is a legal and moral safeguard that protects your business against the financial liabilities arising from workplace injuries or illnesses. It ensures that if an employee is injured while performing their duties, they receive the necessary financial support while your business is shielded from expensive legal claims and statutory penalties.
Fulfill your legal obligations and demonstrate your commitment to employee welfare.
Accidents can happen even in the safest environments. Under the Workers’ Compensation Act, employers are legally liable to pay compensation to employees who suffer from workplace-related injuries, permanent disability, or even death. Our policy covers these legal liabilities, including medical expenses and lost wages, ensuring that your employees are cared for and your company’s reputation and finances remain secure.
It typically covers all workers defined under the relevant labor laws, including permanent staff, casual laborers, and contractors, provided they are engaged in your business activities.
In most jurisdictions, the policy covers injuries that occur "out of and in the course of employment." This usually includes travel if the transport is provided by the employer or is part of the job duty.
The premium is generally based on the total annual wage bill of your employees and the risk category associated with their specific job roles (e.g., office staff vs. factory workers).