Workmen Compensation

The Workmen Compensation Act provides for payment of compensation to Employees and their dependents in case of injury and accident at workplace (including certain occupational disease) arising out of and in the course of employment and resulting in disablement or death.Read More

WC claims are for accidents within work premises and during working hours. However, they can also be for work related accidents beyond the premises and before or after official hours of work. At the time of injury, workman must have been engaged in the business of the employer and must not be doing something for his personal benefit.Read Less

Basic Coverage

Accidental Death

Permanent Total Disability

Permanent Partial Disability

Temporary Total Disability

Scope of Cover

Sum Insured: Calculated based on Earnings including wages, salaries and other perquisites.
Premium: Dependent on the occupation and wages of the workmen. The rates are specified in WC Tariff prescribed by IRDA - INR 15,000 per Employee per month.
Age Limit: 3-65 years of age; for existing policies, renewal can be done up to 80 years
Sum Insured: Up to 60-72 months earning of insured
Premium: chargeable based on occupation and benefits availed. Also add-ons, claims history, geography and other factors come into play.
Occupational Disease add-on cover
Compressed Air Disease add-on cover
Contractor /Sub Contractor Coverage
Medical Expenses : Per Person Limit b) Per Person With Policy Level Limit c) Policy Level Limit Only

Disclaimer

This is only an indication of the cover offered. For complete details on risk factors, terms, conditions, coverages and exclusions, please read the sales brochure carefully before concluding a sale. ICICI trade logo displayed above belongs to ICICI Bank and is used by ICICI Lombard GIC Ltd. under license and Lombard logo belongs to ICICI Lombard GIC Ltd. ICICI Lombard General Insurance Company Limited, ICICI Lombard House, 414, Veer Savarkar Marg, Prabhadevi, Mumbai – 400025. . IRDA Reg.No.115. Toll Free 1800 2666. Fax No – 022 61961323. CIN (L67200MH2000PLC129408). customersupport@iciclombard.com. www.icicilombard.com. Product Name : Workmen Compensation Insurance Product Code : 4010 UIN : IRDAN115CP0017V01201920Read More

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