Employees Compensation Policy

Employees Compensation Policy

Features & Benefits

Any physical injury or death to employees, caused due to accidents occurring in the progression of the employment gets compensated under the Employees' Compensation Policy. The policy protects an employer against legal liability under:

The Employees' Compensation Act, 1923, and subsequent amendments to the said Act before the date of policy issue
Common Law

Coverage
The policy compensates the Insured/Employer against his obligation as an "employer" for the accidental injuries (including mortal) borne by the employees in the course of work. All employers, including contractors or principals, appointing and involving 'employees' as demarcated in the Employees' Compensation Act or sharing an employer-employee relation are eligible to buy this cover.

On a payment of extra premium, the main extensions include -
- Occupational Diseases
- Medical expenses including related hospital, surgical and transportation expenses.
- Employees of Contractors