P U R A N A V A

Loading

Employee Compensation

Employee Compensation Liability Insurance

Employee Compensation Liability Insurance safeguards organisations from the risk of costly lawsuits and substantial compensation payouts. This policy covers an employer's legal liability for the death, bodily injuries, or occupational diseases sustained by employees during the course of their employment. The compensation is paid in accordance with the scheme outlined in India's Employee Compensation Act, overseen by the Ministry of Labour.

Coverage Details

The policy provides coverage for:

  • Legal Liability: The employer's legal obligation to compensate employees not covered under the Employees' State Insurance (ESI) Act for bodily injuries or diseases contracted during employment.
  • Death and Bodily Injuries: Compensation for fatalities or injuries arising directly from employment activities.
  • Occupational Diseases: Coverage for diseases contracted as a result of workplace conditions.
  • Indian Fatal Accidents Act 1855: Liability to employees under this act is also covered.
  • Common Law: The policy covers liabilities under common law for injuries sustained in the workplace.

This insurance is essential for organisations to comply with legal requirements and ensure financial protection against employee compensation claims.

Get A Quote

We do not sell Insurance;
we ensure you get the right
Insurance at the optimum cost.