Workmen's Compensation Insurance
This policy covers liabilities of employers to pay specified compensation to any of its employees as imposed under the labor law who become incapacitated or unable to work due to a work related accident or sickness. Below you will find other benefits of workmen’s compensation insurance.
- Medical expenses up to a certain limit (agreed between the two parties)
- Expenses of repatriation for the body following work accident up to a Certain limit (agreed between the two parties)
- Employer's Liability up to a certain limit in one accident or in the aggregate
(Employer's Liability is the liability arising of accidents to employees due to employer’s negligence. Ex. Accident for the employee while he is working on a machine due to lack of maintenance from the employers side to that machine).