About This Policy
Workmen’s Compensation insurance ensures statutory compliance and financial protection against workplace-related injuries or death. It's a legal must-have for many sectors.
What's Covered
The policy covers statutory liability arising from death, permanent or partial disability, and injury of employees while performing their duties. It includes compensation for medical expenses, loss of wages during recovery, and legal liabilities as mandated by the Employees Compensation Act.
Key Features
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Key Features
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Complies with Employees Compensation Act, 1923, Covers medical expenses, wages, legal costs, No-fault liability—payouts even if employer is not negligent, Can be extended to contractual and casual labour
Who Should Buy?
Factories, construction, mining, logistics, and all hazardous operations, Employers engaging contract labor