• banner5
  • banner7
1 2 3 4 5

Workman Compensation Cover

Who is it For?

Workman compensation cover applies to employers of ten or more employees. It accords with the Workmen's Compensation Act of 1978. And seeks to protect the employers from any liability arising from any accidental death of or bodily injury or occupational diseases to workmen.


Benefits

The claim amount payable is the amount of compensation as stipulated in the Workmen Compensation Act and applies to those engaged for the insured's business, profession or occupation.
  • The Act provides a very wide meaning for the term 'arising out of and in course of employment' as a workman heading to work may suffice or any Death or injury arising out of an employee's negligence

How much is the Premium?

  • The rates are adjustable as adjustments may be made for the period and for an extra premium.
  • The rate is calculated on the annual estimated wages disbursed to the workmen which represents the sum insured and may be based on the nature of duties performed as contained in the Workmen's Compensation Tariff

What I must do?

The applicant must complete the proposal form with details of the total number of workmen engaged for each type of duty The applicant must also furnish details of the annual estimated wages in respect of each group.


 

Get a quote today »
 
Image Placeholder
faq