Principal Employer
Organizations assume that they are only liable for compensation to their employees on roll. You are also responsible for compensation payment to Security, housekeeping and temporary staff engaged by you, as a Principal employer.
WC or Personal Accident (GPA)
Both provide similar coverage in case of death or disability. The GPA cover is not limited by work related accidents and is flexible on choice of higher sum assured but does not provide the security of unlimited liability cover as in WC.
Workman's liability insurance policy pays the legal compensation decided by the local labor commissioner or court. The best part of a WC liability policy is that it covers the legal liability of all the employees under the W.C. Act 1923.
While the worker's compensation insurance policy is guided by old laws and small compensation values, this is the only complete legal protection an employer can have in India. Workers' compensation policy can benefit in many ways.
Find a worker’s compensation policy that cares for your workforce beyond the workplace.
