What is Workmen Compensation?
Workmen Compensation insurance covers an employer's statutory liability for workplace injuries, occupational illnesses, and accidental death of employees as per the Employees Compensation Act, 1923.
Who needs it?
- Factories & manufacturing units
- Construction sites & contractors
- Logistics & warehouse operators
- Hotels, restaurants & event venues
Why it matters
Covers employer's statutory liability fully
Medical expenses for injured workers
Lump-sum compensation for death/permanent disability
Required by many tender contracts
Common myths, busted
Myth: ESIC covers everything.
Truth: ESIC covers employees within wage limits. WC fills the gap and extends to contract workers.
Real claim examples
- ₹9 L lump-sum compensation for a fatal site accident — paid to the family within 4 weeks.