Employee's Compensation Insurance Policy

Despite all preventive measures, accidents can occur at the workplace. The Employee Compensation Act, 1923 provides for the payment of compensation by the employer to its employees (or for their family in the event of fatal accidents) if personal injury is caused to them by accidents arising out of and in the course of their employment. We have designed this policy to assist employers during such events.

Any employer, as a principal or contractor, can take this policy to cover the liability towards employees/dependents under the statute and common law.

Employee compensation is covered under the following laws:
Employee Compensation Act 1923

Common Law

Fatal Accidents Act 1855

What does the policy cover?
If you suffer damages caused due to any of the following reasons, we've got you covered

Comprehensive coverage of all statutory requirements of employers

Reimbursement of legal expenses incurred with the company's consent

Covers death, permanent total and partial disability, and temporary disability of employees when at work

Contractual Employees: Can be covered as an extension if they are specifically declared under the policy

Medical Expenses: It can be covered with Per Employee and Aggregate Limit