Workmen’s Compensation
Workmen’s Compensation
Protecting Both Employees and Employers
Workmen’s compensation insurance, also known as a workmen compensation policy, provides essential coverage for workplace injuries or illnesses sustained by employees on the job.
This coverage ensures that employees have peace of mind, knowing they’ll receive the financial support they need if a work-related injury or illness occurs. For employers, this policy offers reassurance, protecting the business from potentially large payouts and maintaining a safe, supportive environment.
With workmen’s compensation, both employees and business owners benefit from a structured plan that covers medical expenses and lost wages, promoting a secure workplace for all.
What Does It Cover?
- Disability or Death from Work-Related Injury
Covers compensation for employees who suffer disability or death due to injuries sustained while on the job.
- Medical Costs
Includes coverage for medical expenses related to the accidental injury, including ongoing treatment and care.
- Funeral Expenses
Covers funeral costs in cases where repatriation of the deceased employee is not possible.
- Loss of Wages During Recovery
Provides compensation for wages lost by the employee during their recovery period.
- Business Travel Coverage
Extends protection to employees while they are traveling for business purposes.
- Total Disability Expenses
Covers costs associated with permanent total and permanent partial disabilities resulting from work-related injuries.
- Temporary Partial Disability
Provides financial support for employees who are temporarily partially disabled and unable to work full hours.
- Repatriation Expenses
Covers costs incurred for the repatriation of an employee in the event of a work-related injury or death.