It is compensation payable under a scheme set out in the workmen’s Compensation Act. The policy covers statutory liability of an employer for the death of or bodily injuries or occupational diseases sustained by workmen in the course of employment .Costs or expenses incurred by the insured employer, with the consent of the company, to defend any claims are paid in addition. Any employer, whether as a principle or contractor, engaging “workmen” as defined in the Workmen’s Compensation Act.
Policy pays for claims arising from:
- Permanent total disablement.
- Permanent partial disablement.
- Temporary disablement.
- Legal costs and expenses incurred with the company’s consent.
Scope of Cover
The Policy covers legal liability of an employer under:
- Workmen’s Compensation Act, 1923, and subsequent amendments of the said Act prior to the date of issue of the policy.
- Common Law.
Policy does not pay claims arising from:
- Any injury which does not result in fatality or partial disablement for a period exceeding 3
- The first 3 days disablement where the total disablement is less than 28 days.
- Any non-fatal injury caused by any accident directly attributed to:
- Influence of drinks or drugs.
- Willful disobedience of an order for securing safety to the workman.
- Willful removal or disregard of a safety guard devic.
- War group and nuclear group of perils.
- Liability to employees of contractors of the Insured(unless separately declared and covered).
- Diseases mentioned in Part ‘C’ of Schedule III of the Workmen’s Compensation Act, 1923.
- Any change in statute provisions after the policy has commenced.