Workmen Compensation Insurance - CoverMitra Insurance Broking Pvt Ltd

What is Workmen Compensation Insurance?

The Workmen Compensation Insurance policy enables employers to offer compensation to employees or their families in case of death or physical injury arising from workplace accidents, which may include permanent partial disablement, permanent total disablement, or temporary disablement. It also provides coverage for certain occupational diseases. This policy specifically applies to injuries and accidents that occur during the course of employment.

Contact us today for Assistance

WhatsApp Now

What are the Benefits of Workmen Compensation insurance?

Medical Expenses

Coverage for necessary medical treatments, including doctor visits, hospitalization, surgeries, medications, rehabilitation, and therapies related to work-related injuries or illnesses.

Disability Benefits

Compensation for lost wages or income replacement when employees are unable to work due to temporary or permanent disabilities caused by work-related incidents.

Rehabilitation Support

Assistance in facilitating the recovery and reintegration of injured employees into the workforce through vocational training, therapy, and job placement services.

Death Benefits

Financial compensation provided to the dependents or beneficiaries of employees who lose their lives due to work-related accidents or illnesses. This typically includes a lump-sum payment and ongoing financial support.

Legal Protection

Workmen Compensation insurance provides coverage for legal expenses in the event of lawsuits filed by employees for workplace injuries or illnesses. It protects employers from potential financial liabilities and legal consequences.

Employer's Liability Coverage

Protection for employers against claims of negligence or non-compliance with safety regulations. This coverage assists in covering legal defense costs and potential damages.

Note: Remember that the specific coverage details may vary depending on the insurance provider. It’s advisable to review the policy documents for precise information about coverage.

What is not covered under Workmen Compensation Insurance?

1. Injuries or illnesses that occur outside of the workplace.
2. Intentional self-inflicted injuries or injuries caused by willful misconduct.
3. Injuries resulting from activities not related to employment.
4. Injuries caused by substance abuse or being under the influence of drugs or alcohol.
5. Pre-existing conditions or illnesses unrelated to work.
6. Injuries sustained during voluntary off-duty activities or recreational events.
7. Injuries resulting from acts of war, terrorism, or natural disasters.
8. Injuries caused by criminal activities or violations of the law.
9. Claims that are fraudulent or filed with false information.

Note: Remember that the specific coverage details may vary depending on the insurance provider. It’s advisable to review the policy documents for precise information about coverage.

Our Insurance Partners

CoverMitra Insurance Broking Pvt. Ltd. is an IRDAI-authorized insurance broking firm that aims to simplify insurance for its customers to make Smart Choices.

IRDAI License No. 600 Valid till: 01/06/2026

Incorporation date 10/10/2016

Quick Links

Retail Insurance

Corporate Insurance

Head Office Address

What’s Covered in Fire Insurance?

Loss or damage caused by fire
Loss or damage due to natural heating, fermentation, or spontaneous combustion
Losses or damages resulting from implosion or explosion are covered under fire insurance. This includes damages caused by internal pressure, bursting of boilers, gas explosions, etc.
Fire insurance typically covers losses or damages caused by natural calamities such as earthquakes, volcanic eruptions, storms, cyclones, typhoons, hurricanes, etc.
Fire insurance may also provide coverage for losses or damages caused by malicious acts, including arson, riots, strikes, or civil commotions.
Terrorism (subject to policy clauses): Some fire insurance policies may include coverage against losses or damages caused by acts of terrorism, subject to the specific terms and conditions mentioned in the policy.
Bursting and overflowing of water tanks, pipes, and apparatus (under building insurance): Fire insurance policies that include building insurance coverage may cover losses or damages resulting from bursting or overflowing of water tanks, pipes, or apparatus within the insured premises.
It is recommended to review the policy documents or consult with the insurance company to fully understand the coverage provided by a fire insurance policy.

What is Not Covered Under Fire Insurance?

1. Arson: Intentional fire-setting or fraudulent activity.
2. Vacant or unoccupied property: Extended periods of vacancy.
3. Acts of war and terrorism: Damage caused by war or terrorism.
4. Nuclear incidents: Damage from nuclear reactions or radiation.
5. Wear and tear or lack of maintenance: Gradual deterioration or neglect.
6. Consequential losses: Indirect or business interruption losses.
7. Illegal activities: Fire damage resulting from illegal acts.
8. Specific property types: Certain high-risk properties or violations.

Remember to refer to your policy documents for precise details

What is Not Covered Under Fire Insurance?

Remember to refer to your policy documents for precise details