Workmen Compensation Policy Online India

It is compensation payable under a scheme set out in the workmen s compensation act of india monitored by the ministry of labour.

Workmen compensation policy online india.

The policy provides for two forms of insurance viz table a indemnity against legal liability to all employees whether or not coming within the definition of the term workmen under the w c act 1923 and subsequent amendment to the said act prior to the date of issue of the policy the fatal accidents act 1855 and at common law. The policies will pay for medical expenses as well as loss of income due to not being able to work workmen s compensation insurance is designed to protect the employer against their liabilities to employees in respect of injuries suffered by them in the course of their employment as per labour law workmen s compensation ordinance. Workmen s compensation insurance policy from iffco tokio. Also known as employee compensation insurance or labour insurance this insurance enables an employer to demonstrate his ability to meet the.

In an unfortunate event of an employee suffering a bodily injury temporary or permanent or death during the course of employment employer is legally liable to pay compensation to the employee under the employee s compensation act 1923 and subsequent amendments of the said act the fatal. Pay online and start your policy immediately. Clikc to know more. These employee insurance are specifically designed to prove compensations to your valued employees in case of an unforseen event.

Get employees compensation policy online in india by liberty general insurance. One of the key responsibilities of a company is to provide a safe and healthy working environment. It is compensation payable under a scheme set out in the workmen s compensation act of india. Avail instant policy copy via raheja qbe.

A workmen compensation insurance policy is a commercial insurance policy that covers the legal liability of an employer to provide compensation to its workmen in case of their death or accident. Workmen s compensation insurance is the primary method by which an employer can demonstrate the ability to satisfy the obligations imposed by the worker s compensation statutes. Workmen s compensation protects organization from the threat of expensive lawsuits and large compensation payouts. The workmen s compensation insurance is the primary method by which an employer can demonstrate the ability to satisfy the obligations imposed by the worker s compensation statutes.

Source offline quotes from insurers such as hdfc ergo bajaj allianz new india etc. More details scope of cover. Get online payment facility for iffco tokio and raheja qbe.