The workmen compensation policy is based on the Act by the same name
The WC Policy now renamed as the Employees’ Compensation Act.
The Act provides for the payments of compensation by the Employer to his Employees if personal injury is caused to them by accidents arising out of and in the course of their employment.
The maximum compensation payable is upon the following Amendment Act, 1984, Dec – 2000 & 2009
- Death resulted form injury
- Permanent Total Disablement
- Permanent Partial Disablement
- Temporary Disablement
Extensions
- Actual medical, surgical and hospital expenses including the cost of transport to hospital for Accidental employment injuries
- Any compensation for diseases mentioned in Part ‘C’ of Schedule III of the Workmen’s Compensation Act, 1923, which arise out of and in the course of employment