Workmen's Compensation Insurance

Workmen’s Compensation Insurance policy protects the assured against his legal liability towards his employees for injuries arising out of and in the course of employment i.e. employment related injuries.

The policy, provides for two forms of insurance viz,

Table A:

  • Indemnity against legal liability to all employees (whether or not coming within the definition of the term Workmen) under the W.C.Act 1923 and subsequent amendment to the said Act prior to the date of issue of the policy, the Fatal Accidents Act, 1855 and at Common Law.”

Table B:

  • Indemnity against legal liability under the Fatal Accidents Act, 1855 and Common Law. (Table ‘B’ policies may not be issued to cover employees who fall within the definition of “Workmen” under the Workmen’s Compensation Act, 1923 as amended).

Significant Exclusions:

  • The Insurance Policy does not cover losses arising out of war and allied perils, nuclear activities and contractual liabilities.

Sum Insured:

  • The Sum Insured should reflect the estimated “Earnings” of the workmen for the policy period.
  • The Any One Year Limit will be three times the Any One Accident limit


  • The Premium rate depends on the occupation of the workmen and his/her annual “Earnings”

Main Extensions:

  • Medical Expenses
  • Occupational Diseases