Workmen's Compensation Insurance

Workmen's Compensation Insurance

SLIC General’s Workmen's Compensation Insurance provides robust coverage in compliance with the last amended Workmen’s Compensation Act No. 10 of 2022. This policy is tailored to cover employer liabilities, ensuring compensation for workmen injured during their employment.

Key Benefits

Coverage Under the Workmen’s Compensation Act

  • Guarantees all liabilities prescribed, ensuring legal compliance and protection.

Common Law Liability

  • Covers employer liability under common law, adding an additional layer of security.

Occupational Disease Compensation

  • Extends coverage to occupational diseases that employees may contract while working.

Travel Cover for commuting accidents.

First three-day cover.

Additional Coverage Options: Includes benefits not prescribed by the Act such as:

Riot & Strike Cover

Terrorism Cover

Off Duty Personal Accident Cover

Full Wage Cover

Payment of monthly salary or temporary disablement for thirty days subject to maximum limit of monthly salary defined as payable under the policy (Maximum of Rs. 15,000 per week and subject to a maximum payment period is 26 weeks)

Natural Death Cover (Maximum of Rs. 10,000)

Eligibility

  • Employer Requirement: Any employer who is legally liable for the injury or death of their workers during the course of their employment is eligible to purchase this insurance.

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