Suvidha Insurance Broking Pvt. Ltd. is an IRDA approved Insurance Broker (Direct General) (Licence No. DB-218/03; 264) for non-life sectors of insurance authorized to provide risk management and other insurance related services.

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Workmen's Compensation Insurance-Cover For Workers

Home Workmen's Compensation

Workmen's Compensation Insurance-Cover For Workers

This insurance can be under taken where E.S.I. Act does not apply, and the Employers may be approached for Workman’s Compensation Insurance. The policy covers statutory liability of an employer for the death of or bodily injuries or occupational diseases sustained by the workmen arising out of and in course of employment.

Who can be Insured:

Any employer whether as a Principal or contractor engaging "Workmen" as defined in WC Act to cover his liability to them under statute and at Common Law. Employer can cover Employees who do not qualify as "Workmen" under separate table.

Scope of cover:
To pay all sums which the insured is legally liable to pay the employees in respect of personal injury by accident or diseases 'arising out of and in the course of the employment'
Insured's liability arising either under common law or the laws set out in the schedule Workmen's Compensation Act 1923.
Costs or expenses incurred by the insured with the consent of the company, to defend any claims are paid in addition.
Premium rating:
Premium rating is governed by tariff. It depends on the nature of work carried on by the insured.

Tariff prescribes 2 forms of insurance:

Table - A:
This provides indemnity to the insured if any employee’s in the insured’s immediate service shall sustain bodily injury by accident or contracts disease arising out of and in the course of his employment by the insured in the business and if the insured shall be liable to pay compensation for such injury either under: -

i. Workmen's Compensation Act 1993
ii. Fatal Accident Act 1855
iii. Common Law

Tariff prescribes 2 forms of insurance:

Table - B:
This provides indemnity against legal liability under: -

i. Fatal Accident Act 1855
ii. Common Law

Table A policies may be extended to cover insured's liability for contractor's workmen.