Novo Insurance - Professional Insurance Services

Workmen’s Compensation Insurance (WCI)

Type: Corporate Insurance | Category: Employee Benefits

Policy Details

Learn more about the Workmen’s Compensation Insurance (WCI) policy.

Workmen’s Compensation Insurance (WCI)

Description

Mandatory insurance that covers legal liability of an employer for injury, disability, or death of a worker during the course of employment.

What is This Policy?

Workmen’s Compensation insurance ensures statutory compliance and financial protection against workplace-related injuries or death. It's a legal must-have for many sectors.

What is Covered

The policy covers statutory liability arising from death, permanent or partial disability, and injury of employees while performing their duties. It includes compensation for medical expenses, loss of wages during recovery, and legal liabilities as mandated by the Employees Compensation Act.

Who Should Buy

Factories, construction, mining, logistics, and all hazardous operations, Employers engaging contract labor

Key Features

  • Complies with Employees Compensation Act, 1923
  • Covers medical expenses, wages, legal costs
  • No-fault liability—payouts even if employer is not negligent
  • Can be extended to contractual and casual labour

Get in Touch

Request a free consultation for the Workmen’s Compensation Insurance (WCI) policy.

Contact Information

123 Financial District, Hyderabad, Telangana 500032

+919100509675

info@novoinsure.com