- This policy is suitable for Employers or companies employing more than ten (10 persons). Such employers are liable for any accidental death of or bodily injury or occupational diseases to workmen, as per the Workmen’s Compensation Act of 1978.
- The policy covers the 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.
- It is 12 hour cover
- Premium rates are based on the nature of duties performed as contained in the Workmen’s Compensation tariff and premium is calculated on the basis of annual estimated wages disbursed to the workmen which is also the sum insured.