employees liability insurance
TRANSCRIPT
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Workers compensation insurance provides medicalcare, cash benefits, survivor benefits, andrehabilitation services to workers who are injuredor die from job-related accidents or disease Benefits are paid on the principle of liability without fault
The workers compensation and employment liability policycontains three parts: Part One: Workers compensation insurance Part Two: Employers liability insurance Part Three: Other-states insurance
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Workmen's Compensation Insurance An employer is required to pay compensation to his
workers who receive injuries or contract occupationaldiseases during the course of their work. Suchcompensation is payable under the Workmen'sCompensation Act. An employer may obtain an insurancepolicy to cover such liability. The premiums are payableusually on the basis of wages. It is also known as'Employers' Liability Insurance'. For example, workmen'scompensation insurance by United India InsuranceCompany Limited. This policy provides insurance againstthe following risks:-
Indemnity to insured against his liability as an employer'to accidental injuries (including fatal) sustained by theworkman' whilst at work.
http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://www.uiic.co.in/workmenliab.jsphttp://business.gov.in/outerwin.php?id=http://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://business.gov.in/outerwin.php?id=http://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://business.gov.in/outerwin.php?id=http://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://business.gov.in/outerwin.php?id=http://www.uiic.co.in/workmenliab.jsphttp://business.gov.in/outerwin.php?id=http://www.uiic.co.in/workmenliab.jsphttp://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308 -
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On extra premium-medical, surgical, andhospital expenses including the cost oftransport to hospital for accidentalemployment injuries.
Liability in respect of diseases mentionedunder the Workmen's Compensation Act, onadditional premium, which arise out of and inthe course of employment
http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308 -
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Workmen's Compensation Insurance An employer is required to pay compensation to his workers who receiveinjuries or contract occupational diseases during the course of their
work. Such compensation is payable under the Workmen'sCompensation Act. An employer may obtain an insurance policy to coversuch liability. The premiums are payable usually on the basis of wages. Itis also known as 'Employers' Liability Insurance'. For example,workmen's compensation insurance by United India Insurance CompanyLimited. This policy provides insurance against the following risks:-
Indemnity to insured against his liability as an employer' to accidentalinjuries (including fatal) sustained by the workman' whilst at work.
On extra premium-medical, surgical, and hospital expenses including
the cost of transport to hospital for accidental employment injuries.
Liability in respect of diseases mentioned under the Workmen'sCompensation Act, on additional premium, which arise out of and in thecourse of employment.
http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://business.gov.in/outerwin.php?id=http://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://www.uiic.co.in/workmenliab.jsphttp://business.gov.in/outerwin.php?id=http://www.uiic.co.in/workmenliab.jsphttp://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308http://business.gov.in/outerwin.php?id=http://indiacode.nic.in/rspaging.asp?tfnm=192308 -
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Under Part Two, the insurer agrees to pay thosesums that the insured is legally liable to pay asdamages for worker injuries that are notcompensable under Part One
This coverage is needed in some states where workerscompensation is not required for smaller employers
Employees who are injured must sue for damages
Also, an employee may sue for injury caused by an accidentat the job site, but the injury is not considered work related
The coverage contains many exclusions includingintentional bodily injury by the employer
Copyright 2008 PearsonAddison-Wesley. All rights
reserved.26-6
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An Act to require employers to insure againsttheir liability for personal injury to theiremployees; and for purposes connected withthe matter aforesaid.
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Except as otherwise provided by this Act, every employercarrying on any business shall insure, and maintaininsurance, under one or more approved policies with anauthorised insurer or insurers against liability for bodilyinjury or disease sustained by his employees, and arisingout of and in the course of their employment in in that
business, but except in so far as regulations otherwiseprovide not including injury or disease suffered orcontracted outside
(2)Regulations may provide that the amount for which anemployer is required by this Act to insure and maintaininsurance shall, either generally or in such cases or classes
of case as may be prescribed by the regulations, be limitedin such manner as may be so prescribed.
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For the purposes of this Act the term employee means anindividual who has entered into or works under a contractof service or apprenticeship with an employer whether byway of manual labour, clerical work or otherwise, whethersuch contract is expressed or implied, oral or in writing.
(2)This Act shall not require an employer to insure (a)in respect of an employee of whom the employer is the
husband, wife, father, mother, grandfather, grandmother,step-father, step-mother, son, daughter, grandson,granddaughter, stepson, stepdaughter, brother, sister,half-brother or half-sister; or
(b)except as otherwise provided by regulations, in respect
of employees not ordinarily resident
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This Act shall not require any insurance to beeffected by
(a)any such authority as is mentioned insubsection (2) below; or
(b)any body corporate established by or underany enactment for the carrying on of any industryor part of an industry, or of any undertaking,under national ownership or control; or
(c)in relation to any such cases as may be
specified in the regulations, any employerexempted by regulations.
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An employer who on any day is not insured inaccordance with this Act when required to be soshall be guilty of an offence and shall be liable onsummary conviction to a fine not exceeding[F21level 4 on the standard scale]; and where an
offence under this section committed by acorporation has been committed with theconsent or connivance of, or facilitated by anyneglect on the part of, any director, manager,secretary or other officer of the corporation, he,
as well as the corporation shall be deemed to beguilty of that offence and shall be liable to beproceeded against and punished accordingly.
http://www.legislation.gov.uk/ukpga/1969/57http://www.legislation.gov.uk/ukpga/1969/57http://www.legislation.gov.uk/ukpga/1969/57 -
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Employee liability insurance covers businessin event of an employee becoming sick orinjuring themselves whilst at work. Asuccessful claim against a company from an
employee can often be very expensive soemployers liability insurance safe guardsfrom this and prevents one incident frompotentially bankrupting a business.
http://www.specialistrisks.co.uk/employers-liability-insurancehttp://www.specialistrisks.co.uk/employers-liability-insurance -
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Employers liability insurance will cover thecost needed to compensate employees whoinjury themselves or become sick as a resultof work. This will also cover illnesses that
occur after the employee has left work withthe employer but may be claimed as it may beclaimed as a result of the work. It does notcover motor accidents that may occur on anemployees journey to work so extra cover isneeded for this.
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Employers Liability Insurance provides with
indemnity should an employee sustain an injuryor disease during the course of his employmentand seek compensation from his/her employer.
As an example should an employee fall from aladder and sustain serious injuries he could suethe business for whom he was working if hehadn't been supplied with the relevant safetyequipment or had suitable training. He may be
entitled to compensation which the businesswould be forced to pay if they don't have thiscover in place.
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LIABILITY EMPLOYERS : LIABILITY EMPLOYERS Employers Liability
Insurance as an extension to the WorkmensCompensation Insurance, it can however, be
issued as a stand-alone policy as per therequirements of the customer. EmployersLiability Insurance indemnifies employers to paycompensation which they are legally required topay under the Common Law for personal injury
or death by accident arising out of and in thecourse of the employment
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In the event of accidental Injury sustained byany employee of the insured caused duringthe period of insurance and arising out of andin the course of their employment by the
insured in the course of the trade orbusiness, and within the territorial limits, theInsurance Company will indemnify theinsured in respect of all sums which theybecome legally liable to pay as compensationand claimants costs and expenses, for suchinjury
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Coverage A: Bodily Injury and Property DamageLiability The insurer agrees to pay on behalf of the insured all sums
up to the policy limits that the insured is legally obligatedto pay because of bodily injury or property damage
The bodily injury or property damage must be caused by anoccurrence, I.e., an accident, including continuous or repeatedexposure to substantially the same general harmful conditions
Coverage does not apply when a loss is known or is apparentbefore the policys inception date
Coverage includes defense costs, and the insurer has the rightto investigate a claim or suit and settle it at its discretion
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Coverage A contains a lengthy list of exclusions, including: Expected or intended injuries or damages Contractual liability, with some exceptions Liquor liability Workers compensation and employers liability Pollution, with some exceptions
Aircraft, auto, and watercraft, with some exceptions Mobile equipment War Damage to property owned, rented, or occupied by the insured Property damage to the insureds product or work Damage to impaired property that is not physically damaged Recall of products Personal and advertising injury Electronic data
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Coverage A includes coverage for fire legalliability Covers fire damage to premises rented to the named
insured or temporarily occupied by the named insuredwith the permission of the owner
A separate limit of coverage applies
Other damage to property rented by the insured is NOTcovered
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Coverage B: Personal and Advertising Liability The insurer agrees to pay those sums that the insured is
legally liable to pay as damages because of personal andadvertising injury
The policy covers legal liability resulting from:
false arrest malicious prosecution
wrongful eviction or entry
slander
violation of privacy
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Coverage C: Medical Payments The insurer will cover the medical expenses of persons who
are injured in an accident on the premises or on ways nextto the premises, or as a result of the insureds operations
Expenses must be incurred within one year of the accident
Payments are made without regard to legal liability
Supplementary Payments: Coverages A and B In addition to the policy limits, coverage includes:
All expenses incurred by the insurer
Up to $250 for the cost of a bail bond Up to $250/day for actual loss of earnings by the insured
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Employers Liabilities For Compensation[Sec.3]: Employers Liabilities For Compensation[Sec.3]
An employer is liable to pay compensation toworkman for- 1. Personal injury by accident- Anemployer is liable to pay compensation to
workman if personal injury is caused to him byaccident arising out of & in the course of hisemployment. 2. Occupational diseases- workersemployed in certain occupations are exposed tocertain diseases which are inherent in those
occupation.
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Employer is not Liable For Compensation: Employer is not Liable For Compensation (a) in respect of
any injury which does not result in the total or partialdisablement of the workman for a period exceeding threedays; (b) in respect of any injury, not resulting in death orpermanent total disablement, caused by an accident which
is directly attributable to - (i) the workman having been atthe time thereof under the influence of drink or drugs, or(ii) the willful disobedience of the workman to an orderexpressly given, or to a rule expressly framed, for thepurpose of securing the safety of workmen, or (iii) thewillful removal or disregard by the workman of any safety
guard or other device which he knew to have beenprovided for the purpose of securing the safety ofworkmen 15
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