We are now also available at Imperial square , The Mall Road Kanpur.
We are now also available at Imperial square , The Mall Road Kanpur.
The Workmen’s Compensation, compensates to employees or their dependents in case of injury, disability, or death due to workplace accidents.
It ensures financial protection for workers in hazardous industries and promotes employer responsibility for workplace safety.
The Workmen’s Compensation Act, 1923 (now known as the Employee’s Compensation Act, 1923) is an Indian law that provides financial compensation to workers in case of injury, disability, or death due to workplace accidents or occupational diseases. It ensures that employers are liable to compensate employees or their dependents for work-related injuries, reducing financial hardship for workers and their families.
✅ Covers Work-Related Injuries & Deaths – Compensation is provided for injuries, permanent/temporary disabilities, and fatal accidents at work.
✅ Employer’s Liability – The employer is responsible for paying compensation based on the worker’s wages and the severity of the injury.
✅ Covers Various Workers – Applies to employees in factories, mines, construction, transportation, and other hazardous industries.
✅ Compensation Formula – Based on the worker’s age, wages, and nature of injury/disability.
This Act plays a crucial role in ensuring worker welfare and workplace safety across industries.
✅ Comprehensive Protection – Covers employees against work-related injuries, disabilities, and death.
✅ Legal Compliance – Helps employers comply with labor laws and avoid legal penalties.
✅ Financial Security – Reduces the financial burden on employers in case of compensation claims.
✅ Covers Various Employee Categories – Includes workers in factories, construction sites, logistics, etc.
✅ Customizable Coverage – Employers can choose additional coverage such as hospitalization expenses and disease-related claims.
✅ Third-Party Liability Protection – Covers legal liabilities arising from employee claims or lawsuits.
Would you like me to draft a proposal or presentation on Workmen’s Compensation Insurance for your clients?
✔ Legal Compliance – Avoids legal liabilities under labor laws.
✔ Financial Protection – Covers medical expenses, compensation for injuries, and lost wages.
✔ Employee Welfare – Builds trust and ensures employee safety.
✔ Risk Management – Reduces the employer’s financial exposure in case of workplace accidents.
Answer: The Act ensures that employees or their dependents receive financial compensation in case of injury, disability, or death due to workplace accidents or occupational diseases. It holds employers responsible for providing compensation, promoting worker safety and financial security.
Answer: The Act applies to workers in hazardous industries like construction, manufacturing, mining, transportation, and factories. It covers employees who suffer injuries while performing job-related duties. However, it does not apply to government employees covered under other labor laws.
Answer: Compensation depends on three factors:
Answer: Yes, it covers occupational diseases if a worker contracts a disease due to prolonged exposure in a hazardous work environment, such as lung diseases in coal mines or chemical-related illnesses in factories.
Answer: There are two types of WC policies:
BP AND AF INSURANCE MARKETING FIRM PRIVATE LIMITED
Contact Info - 9793313337 , 9839291733 , 8765257034
Regs. off. - 117/ K/ 76 Sarvodaya Nagar ,Kanpur 208025
off .- 7th Floor ,Imperial square , The Mall Road, Kanpur 208001.
Branch off. - Shop no . 16 , 17 , Nirmala complex , Naka chungi , Ayodhya , 224001
Email id - bpaf.imf@gmail.com, Support @bpaf.in
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