The Workmen’s Compensation Insurance policy covers the legal liability of the employers under the Workmen’s Compensation Act 1923 and Fatal Accident Act 1855. The policy provides cover for any insured employee who may sustain personal injury by accident or disease arising out of and in the course of his employment.
Policy covers the legal liability of an employer to pay the compensation to the employees or for their family in case of death or bodily injury caused due to injury and accident at workplace. This insurance enables an employer to demonstrate his ability to meet the obligations imposed by the Workmen Compensation Act.