Workers compensation insurance serves two purposes: It assures that injured workers get medical care and compensation for a portion of the income they lose while they are unable to return to work and it usually protects employers from lawsuits by workers injured while working.  The insurer will indemnify the insured against all sums for which the insured is held liable to pay to his employees under Workmen's Compensation Act, 1923, the Fatal Accidents Act 1855 and at Common Law. And also, the costs and expenses incurred with the consent of the company in defending any claim for such compensation.

Workers receive benefits regardless of who was at fault in the accident. If a worker is killed while working or as a result of diseases & illnesses caused due to prolonged exposure to occupational hazards specific to the employer's industry, Workers Compensation Liability Policy provides death benefits for the worker’s dependents.

Today’s global work environment has turned the spotlight on employees’ rights. To safeguard organizations from the threat of costly lawsuits, insurers offer the Workmen’s Compensation Policy and Vitality Insurance can help you pick the right Workman Compensation Cover for you tailored to your business needs.

Benefits of Workmen Compensation Insurance

1. Legal Liability Cover: Provides legal liability coverage for a business if an employee is involved in an incident or accident on the job.
2. Occupational Illness: In some cases, a disease can be directly linked to an employee's work impacting the employee's quality of life and productivity at work. It covers required medical expenses.
3. WC vs General Liability: WC provides coverage to your employees if they get hurt or sick from their job. General liability helps cover liability out of third-party injuries.