This type of insurance is designed to help insure employers against any grievances filed by employees regarding employee benefit plan and are directly related to the management.
There are various categories that are included in this insurance:
Workmen’s compensation provides cover for the employees against sickness, illness, injury or accidental death resulting from performing the duties at the job. The insurance coverage includes medical expenses, loss of wages due to sickness or death of an employee and the reimbursements are made as per the labor laws.
Health and safety of workers are on top of the agenda in the country. Therefore, by having such insurance, the employer can secure himself from an unexpected financial loss resulting from the death of an employee during the office hours. At times the compensation to be paid to the employee can be a huge amount and may cost dear to the employer.
We can assist businesses in finding the most appropriate workmen’s compensation insurance which is cost-effective as well as provides comprehensive coverage of the employees.