Workmen Compensation Insurance Policy New India Assurance
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Workmen compensation insurance policy new india assurance. The new india assurance company limited head office. 87 m g road fort mumbai 400001 report of accident to workman the issue of this form is not to be taken as an admission of liability nor answering these questions implies that the insured person is making or will make a claim. 87 m g road fort mumbai 400001 proposal form for workmen s compensation insurance details of the cover. The indian workmen s compensation act 1923.
The new india assurance company limited head office. Get online payment facility for iffco tokio and raheja qbe. The policies will pay for medical expenses as well as loss of income due to not being able to work. New india assurance operates both in india and foreign countries.
A workmen compensation insurance policy is a commercial insurance policy that covers the legal liability of an employer to provide compensation to its workmen in case of their death or accident. The act provides for the payment of compensation by an employer to his employees f or their dependants in the event. Avail instant policy copy via raheja qbe. Source offline quotes from insurers such as hdfc ergo bajaj allianz new india etc.
Workmen s compensation insurance is designed to protect the employer against their liabilities to employees in respect of injuries suffered by them in the course of their employment as per labour law workmen s compensation ordinance. Microsoft word workmens compensation rtf author. 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 employees compensation.
Also known as employee compensation insurance or labour insurance this insurance enables an employer to demonstrate his ability to meet the. Pay online and start your policy immediately. Companies offering workmen s compensation insurance in india. Largest public sector general insurance company of india.
One of the key responsibilities of a company is to provide a safe and healthy working environment.