Employees are the most valuable assets of any business. Employers are not just ethically responsible for protecting their worker well-being, but also legally responsible. It is a legal compulsion for businesses to avail of worker compensation insurance in India. In this, we decide the coverage and compensation as per the provisions of the Workmen Compensation […]
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What are the components of employment injury benefits under WC Policy?
Components of Employment Injury Benefits under WC Policy Having an accident in the workplace can be devastating, both emotionally and financially. In India, the employer is liable to compensate the employee for financial losses arising due to such incidents as per the Workmen Compensation Act, 1923. Insurance policies are designed to assist individuals who sustain […]