As per Indian Workmen’s compensation Act 1923, Workmen compensation policy covers liability of an insurer for on-job death or bodily injury incurred by an employee. It also covers permanent or partial disablement caused during the course of employment.
An employee is eligible for health insurance policy from his/her employer while serving the organization to get a cover against unforeseen medical emergencies. A group health insurance provides coverage to the employee and his family under one single policy availed.
It’s scary if your building catches fire. Now you can get a coverage against fire in your building, machinery, furniture, and other tangible assets of your company.
Risk involved while plying in the ocean is wide, vulnerable and can be incidental or natural. An insurance coverage which covers any accidental event of ships against any unfortunate mishaps. Any damage caused to the ship, valuables in of the ship due to accident or environmental disturbance are covered under marine insurance.