Workmen’s compensation Insurance Policy

The Workmen's Compensation Act, 1923 provides for the payment of compensation by the employer to his employees (for their dependents in the event of fatal accidents) if personal injury is caused to them by accidents arising out of and in the course of their employment.

The Policy Indemnifies you for

1. Legal liability to your employees under the Workmen's Compensation Act, 1923, Indian Fatal Accidents Act, 1855, both as amended to the date of issue of the policy, and at Common Law. OR
2. Legal liability to your employees under the Indian Fatal Accidents Act, 1855, as amended to the date of issue of the policy, and at Common Law.

In addition, the policy also provides for payment of legal costs and expenses incurred with the concurrence of the Company

1. Any interest and/or penalty which may be imposed on all insured or an insured on account of failure to comply with the requirements of the said Workmen's Compensation Act, 1923 as amended.

1. The insurance under table "A" can be extended to cover disease mentioned in part 'C' of Schedule III of Workmen's Compensation Act.
2. Medical expenses

WEIZMANN FOREX LIMITED

Note : The rates and terms are governed by Workmen's Compensation Tariff.