Covers the liability of the employer towards his employees, under:
W C Act 1923
Fatal Accidents Act 1855
At Common Law
The policy provides coverage for accidents arising out of and in course of one?s employment, liability of the employer under WC Act for Death, PTD, PPD and TTD.
Workers' compensation is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence. The tradeoff between assured, limited coverage and lack of recourse outside the worker compensation system is known as "the compensation bargain".