Workmen Compensation

The Workmen’s Compensation Insurance Policy indemnifies the employer against his legal liability to his employees for accidental injury, or death, and medical expenses (as an add-on) in course of employment.
Workers’ compensation is insurance that provides cash benefits and/or medical care benefits for workers who are injured or become ill as a direct result of their job.
While compensation to workmen is statutory under law, insurance thereof is not compulsory.

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Why do You Need Workers Compensation Insurance Policy?

You should have a home insurance policy because it covers the financial loss. You may also have to bear the damage to property and its belongings under conditions not controlled by you. The benefits of a home insurance policy are:

  • Workman compensation insurance can protect your business from lawsuits related to employees' injuries.
  • You can get coverage for temporary and contract workers, many workmen's compensation policies will cover temporary and contract workers.
  • By having workers compensation, you are protecting both yourself and your employees.
  • If the worker is unable to work due to injury then this insurance policy will provide the insured with a monthly income until the worker can return to work.
  • Workman Compensation insurance also covers death benefits if an employee is fatally injured while on the job.
  • Fines and penalties for not having workmen compensation insurance can be expensive, so it is better to purchase this insurance policy.

Workman Compensation Insurance: Claiming Process

Follow the steps below to raise a claim under WC Insurance Policy:

  • Inform the factory inspector if an accident happens in the manufacturing plant.
  • Then the insured employer will send a written notice to the insurance company about the disablement or death of the workman.
  • A trained investigator is appointed by the insurance company to cross-check the authenticity of the raised claim.
  • Collect all the information and documentary evidence as the insurance company may require.
  • If the workmen compensation commissioner sends any notice, forward it to the insurer.
  • At the same time submit a claim form along with relevant documents.

Workmen Compensation Policy



Sub-contractors cover: If a contractor hires a sub-contractor and that sub-contractor does not have a workmen compensation policy then in this case the contractor can opt for the sub-contractor add-on cover.

Injuries that are not fatal.

Terrorism: There is a terrorism add-on that can provide coverage for the loss or damage caused due to terrorist attacks.

No coverage for the initial 3 days of disability where total disablement is lesser than 28 days.

Medical extension: The employer can purchase the medical extension add-on but it will only be applicable when the workman has been hospitalized for more than 24 hours.

All the injuries that do not cause partial disablement for more than 3 days.

Accident or injury caused under the influence of alcohol or drug.

Liabilities faced by the employees of contractors.

Liability of the insured is assumed under an agreement.

The employees who are not considered workers according to the Workmen Compensation Act.

Diseases that are specified in part ‘C’ of ‘Workmen’s Compensation Act, 1923.

Any changes made in the policy after the policy is active will not be covered.