Articles Tagged: ESIC

What is the difference between the WC policy and ESIC?

Overview  Definitions & Purpose  Workmen’s Compensation (WC) Policy: A non‑contributory, no‑fault liability insurance—purchased by employers—to cover workplace injuries, death, or occupational diseases as per the Workmen’s Compensation Act, 1923.  Employee State Insurance (ESIC): A contributory social security scheme under the ESIC Act, 1948, offering integrated benefits like medical care, sickness allowance, maternity, disablement, and death/dependency […]

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