Employees are the most precious assets and result in the growth and prosperity for any organization. To protect the rights of this invaluable asset Workmen Compensation / Employer Liability Insurance provides coverage for any legal liabilities of the employers arising out of and in the course of employment as per Workmen Compensation Act, Fatal Accident Act, or at Common Law.
This cover operates 24 hours and on worldwide basis. It Provides for payment of specified capital benefits following accidental death, bodily injury, permanent total disablement, permanent partial disablement, temporary total and temporary partial disablement caused by an accident.
In addition the cover also provides reimbursement of emergency transportation to the nearest Hospital and also expenses incurred for preparation and transportation of the mortal remains of the insured person from the place of death to home and can also be extended to cover medical expenses.
Cash in Transit Insurance
This policy provides coverage against loss of money whilst in transit due to forcible, violent, external and visible means.