Under the Indian Workmen's Compensation Act, 1923, employers are required to provide compensation to employees (or their dependents in case of fatal accidents) for personal injuries arising out of and during the course of employment.

The quantum of compensation is determined based on:

• Age of the employee

• Nature and extent of disability

• Last drawn salary

Workmen’s Compensation Insurance covers the statutory liability of an employer for death, bodily injuries, or occupational diseases sustained by employees during the course of employment. It ensures that businesses are protected against financial exposure arising from such claims.

At Securisk Insurance Broking Pvt. Ltd., our dedicated team leverages in-depth knowledge and extensive experience to design innovative, tailor-made insurance solutions that meet your statutory obligations and safeguard your workforce and organization.