A housing society is looking to insure its staff, that is, night guards and gardeners. Which policy do you recommend?
Your society as employers of night guards and gardeners is responsible for any accident or unfortunate happening while they are on duty. The liability in such cases is determined under the Workmen’s Compensation Act, 1923. Therefore, as employers, you should cover them under a Workmen’s Compensation (WC) policy. This policy will cover your society against any liability under the WC Act. Apart from this policy, you may cover them under a Personal Accident policy and a mediclaim policy. Both personal accident cover and the mediclaim policy will require 24 hours of hospitalization by the claimant.
Your society as employers of night guards and gardeners is responsible for any accident or unfortunate happening while they are on duty. The liability in such cases is determined under the Workmen’s Compensation Act, 1923. Therefore, as employers, you should cover them under a Workmen’s Compensation (WC) policy. This policy will cover your society against any liability under the WC Act. Apart from this policy, you may cover them under a Personal Accident policy and a mediclaim policy. Both personal accident cover and the mediclaim policy will require 24 hours of hospitalization by the claimant.
