Important Things Regarding Workmen Compensation Policy
Workmen Compensation Policy is a critical component of an employer’s duty, meant to address the consequences of workplace disasters. This policy is more than a legal necessity, it is a proactive strategy that provides financial security for employees in case of unanticipated accidents during their employment. In simpler terms, it is a type of insurance for Workmen Compensation that covers injury or death at the time on the job. Important Things Regarding Workmen Compensation Policy Legal Compliance and Beyond To buy Workmen Compensation Policy online or offline is a legal requirement that adheres to the provisions of the Employees Compensation Act, 1923 by the Ministry of Labour and Employment. However, it goes beyond a compliance measure, it provides a broader range of coverage that also demonstrates an employer’s commitment to the overall well-being of their staff. Broad Coverage of Insurance for Workmen Compensation Workmen Compensation Policy benefits and protects...