Employee's compensation policy provides financial coverage for employees who suffer accidents or injuries while performing their duties. This coverage helps them pay for medical treatment..

Yes. If your employees are exposed to any work-related risk, you’re legally required to have this insurance under the Employee’s Compensation Act, 1923.

They're the same. The name was changed in 2010 to be more inclusive of all types of employees. For more detail you may go through with the respective acts.

Temporary disablement is a condition where an employee requires medical treatment as a result of an injury. In this case, he or she is temporarily incapable of doing the work which they were doing prior to or at the time of the injury. Example: A factory worker fractures his leg while operating machinery, he cannot walk to stand for 6 weeks but after recovery he resumes his duty. Here the damage is of a temporary nature.

Permanent total disablement means disablement of a permanent nature due to which an employee is unable to move or perform tasks that they used to perform before getting injured. Example: A construction worker suffers a spinal injury after a fall from height. He is paralysed from waist down and can never walk again. Here the damage will be lifelong.

Sum Insured is the maximum amount an insurance company will pay to the policyholder in case of a claim. It represents the coverage limit of the insurance policy. It is calculated as follows: (No. of workers) X (Monthly salary per worker) X (No. of months a project is carried out) = Sum insured a business should opt for.

It depends on your industry type, number of employees, job risk level, and total monthly wages.

No, pre-existing conditions are usually not covered.

High-risk jobs like construction, firefighting, or mining may have different exclusions than office-based roles, as injury risks are significantly higher in such occupations.

Claims for injuries that are non-fatal and don’t cause partial disablement beyond 3 days may be denied. Injuries that are self-inflicted or caused under the influence of drugs or alcohol are also excluded. Please go through the policy wordings for detailed Information on exclusions.

Compressed air disease is an occupational illness covered under the policy sub to additional premium , caused by working in environments with abnormal air pressure. Example: Underground or underwater work.

Medical extension covers reasonable medical, surgical, and hospital expenses incurred for treating an employee’s injury, if hospitalisation exceeds 24 hours.

For businesses with multiple locations across India, PAN India coverage allows a single policy to cover employees at all branches or factories.

The employee should immediately seek medical care and report the injury to the employer. Full details of the injury and how it occurred should be shared to help file the claim.

The insurer approves the claim if it finds it valid and in line with policy terms. If discrepancies are found after investigation, the claim may be rejected.