Workmen Compensation Insurance Policy Buy Online

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.

Workmen compensation insurance policy buy online.

One of the key responsibilities of a company is to provide a safe and healthy working environment. Workers compensation insurance commonly known as workers comp is insurance that covers medical expenses and a portion of lost wages for employees who become injured or ill on the job. More details scope of cover. Coverage also includes employee rehabilitation and death benefits.

Pay online and start your policy immediately. All employees doing manual work regardless of salary level. Moreover the workmen compensation insurance also needs jurisdiction that comes in the business area of the prospect. Workers compensation insurance is also called workman s compensation or workman s comp.

However if one takes the help of an insurance web aggregator for. Worker s compensation insurance also called workers comp helps cover medical expenses and lost wages for small business owners if an employee is injured or becomes sick. Source offline quotes from insurers such as hdfc ergo bajaj allianz new india etc. Small business workers compensation policies from hartford travelers cna more top carriers.

There are various insurance companies that offer workmen compensation insurance plans online and one may get confused in selecting the most suitable policy. If you are an employer you are required to buy work injury compensation insurance for. Who needs to be insured. Worker s compensation insurance or worker s comp insurance protects your business and employees from work related injuries.

How does workers compensation insurance work. Avail instant policy copy via raheja qbe. 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. 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.

This coverage can include rehabilitation services and death benefits too. Get several deeply researched insurance options in less than 30 seconds. Get a free online quote. Get a quote online and buy your workers compensation insurance in minutes.

All employees doing non manual work earning a salary of 2 100 or less a month excluding any overtime payment bonus payment annual wage supplement productivity incentive payment and any allowance.