HaYoSha Insurance Policy

Extension

Actual medical, surgical and hospital expenses including the cost of transport to hospital for accidental employment injuries
Any compensation for diseases mentioned in Part ‘C’ of Schedule III of the Workmen’s Compensation Act, 1923, which arise out of and in the course of employment
Contractors employees can be covered by charging additional premium
Tariff rate on total contract amount, if the contract is for labour only
Where the contract includes equipments also minimum percentage shall be 50% of the contract amount
Occasional domestic servants for house, garden or stable Charging can be covered at additional premium of 25% of the premium charged for permanent servants.
If the contract is for labour and materials, labour value shall be ascertained as per merits subject to a minimum of 75% of the contract amount.

Scope of Cover

Death
Permanent total disablement
Permanent partial disablement
Temporary disablement
Legal costs and expenses incurred with the company’s consent.

Salient Features

Workmen's Compensation Insurance provides for two forms of Insurance :
1) Indemnity against legal liability for accidents to employees under the Workmen's Compensation Act, 1923, the Fatal Accidents Act 1855 and at Common Law.

2) Indemnity against legal liability under the Fatal Accidents Act 1885 and at Common law All the employees in the enterprise, as per the provisions of W.C. Act are to be insured In case of public bodies where employees can be covered section wise or unit wise, or in the case of a risk where the employees are covered under ESI act 1948, Table B cover can be issued for employees not falling under the definition of Employee as per WC Act 1923 as amended.
The policy is adjusted on the basis of the actual wages at the end of the policy period

Exclusions

Any injury which does not result in fatality or partial disablement for a period exceeding 3 days
The first 3 days of disablement where the total disablement is less than 28 days
Any non‐fatal injury caused by any accident directly attributed to: a. Influence of drinks or drugs b. Willful disobedience of an order for securing safety to the workman c. Willful removal or disregard of a safety guard device
War group and nuclear group of perils
Liability to employees of contractors of the Insured (unless separately declared and covered)
Liability of the Insured assumed under an agreement
Diseases mentioned in Part ‘C’ of Schedule III of the Workmen’s Compensation Act, 1923 8. Any change in statute provisions after the policy has commenced