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Workmen’s Compensation Insurance

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Number of Skilled Workers* Number of skilled workers should be between 1 to 1000

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Number of Semi Skilled Workers Number of Semi skilled workers should be between 1 to 1000

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Number of Unskilled Workers Number of Semi skilled workers should be between 1 to 1000

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Policy Period (Months)*

Policy period should be between 1 to 12 months

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What is Workmen's Compensation?

The Workmen’s Compensation Insurance policy covers the legal liability of the employers under the Workmen’s Compensation Act 1923 and Fatal Accident Act 1855. Despite the preventive measures and safety precautions taken, accidents at your workplace are inevitable. The Workmen’s Compensation policy enables the employer to pay the compensation to the employees or for their family in case of death or bodily injury (permanent partial disablement / permanent total disablement / temporary disablement) caused due to injury and accident at workplace (including certain occupational disease) arising out of and in the course of employment. This policy provides coverage for medical expenditure, occupational disease, compressed air disease and terrorism.

Who should buy Workmen’s Compensation Insurance?

Policy is required by all manufacturing/trading/servicing setups for all floor workers and office staff as well. Most of the contractors’/Sub contractors stands benefited by this policy. Policy can be taken by Individual/Public or Private companies/ Partnership firms or by any of business/Trading entity operating in the Country

Why should you buy Workmen’s Compensation Insurance?

The Workmen’s Compensation policy provides payment for legal compensation to Employees or their dependants in case of injury and accident of the employees at workplace (including certain occupational disease) arising out of and in the course of employment and resulting in disablement or death.

Why should you buy ICICI Lombard’s Workmen’s Compensation Insurance?

Our Workmen/Employee Compensation policy is comprehensive and flexible enough to fulfil your needs. We understand the importance of swift response and efficient service in handling claims, which makes it more practical to get Workmen/Employee Compensation Insurance directly from us.

What is Included in Workmen’s Compensation Insurance?

Basic covers include Accidental death, Permanent total or Partial Disability and Temporary total disability. Add on covers include Medical Extension, Compressed Air Disease, Occupational Disease, Terrorism and Sub Contractor Coverage

Benefits of ICICI Lombard Workmen’s Compensation Policy

Terrorism Coverage
Hassle-free and convenient buying journey in few clicks
Comprehensive and flexible
Swift response and efficient service in handling claims

Get answers to common questions about workmen's compensation insurance policy

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