..:: Worker Compensation insurance ::..

WORKER COMPENSATION INSURANCE

OVERVIEW
INSURANCE COVERAGE
EXCLUSION
PRODUCT DOCUMENT
CLAIMS GUIDELINE
OTHER PRODUCTS

product overview

In today’s challenging work environment, employers bear the responsibility to protect their employees from the risks at their workplace. However, despite the employers as well as the employees’ efforts, injuries and health problems arising from work may still occur to employees and these could cause serious human, legal and financial consequences.
An appropriate insurance coverage such as TMIV’s WCI can help protect your employees and your business from these unwanted consequences caused by work-related injuries and health problems.

INSURANCE COVERAGE

main coverage

TMIV’s WCI cover for personal injury caused by an occupational accident or disease in the course of employment by the Insured.

TMIV provides compensation as follow:

In case of Death or Total Permanent disablement, the compensation shall be 100% of the capital sum
In case of Partial Permanent Disablement; the compensation shall be determined by the formulas in accordance with laws on labour, labour safety
Allowance for loss of salary during medical treatment
Medical expenses such as emergency first aid, surgical expenses, hospitalisation costs and other related costs

extended coverage

EXCLUSION

The Insured's liability to workers of independent contractors
Any injury by accident or disease attributable to war
Any liability related to nuclear, ionising radiations or contaminations, asbestos related products
Deliberate self-injury
Any violation or breach of laws

Specific exclusions will be mentioned in your policy.