Workmen Compensation Insurance

As per the Workmen Compensation Act, 1923, certain employers must pay compensation to their employees for an accident or injury. It’s stated in the act that the workmen and their dependents are eligible for compensation in case of any accident or injury resulted at work or the nature of the work leading to their death or disability.

At SG Insurance we help you with a wide range of Workmen Compensation Insurance so that not only you comply with the rules laid down by the government but also help your employees to get compensation whenever there is an accident or injury caused at work.

What Workmen Compensation Insurance covers?

Bodily injury caused by accident during the course and scope of employment
Bodily injury caused by disease or aggravated by the conditions of the employment
Death or temporary disablement
Permanent total or partial disablement
Legal costs and expenses incurred with the company’s consent

Exclusion in Workmen Compensation Insurance Policy

Non-fatal injuries
The initial 3-days of disablement and the total disablement is lesser than 28-days
Injuries that don’t cause partial disablement for more than 3-days
Injuries resulted from war, nuclear, or riot
Injuries caused to the internal removal of the security device or due to the carelessness of the security device
Accident or injury caused under the influence of alcohol or drug
Liabilities faced for the employees of contractors
All the liabilities assumed in an agreement
The employees who aren’t considered as workmen as per the Workmen Compensation Act
All the disease that are specified in part ‘C’ of Workmen Compensation Act
Any changes made in the statute of the provisions after the commencement of the policy

Workmen Compensation Insurance