IndusInd Employee Compensation Insurance Policy

Take this policy to cover the liability towards employees/dependents under the statute and common law.

Overview

IndusInd Employee Compensation Insurance Policy (UIN:IRDAN103CP0015V01201920)

Despite all preventive measures, accidents can occur at the workplace. The Employee Compensation Act, 1923 provides for the payment of compensation by the employer to his employees if personal injury is caused to them by accidents arising out of and in the course of their employment. Here’s presenting IndusInd Employee Compensation Insurance Policy to assist employers during such events. Any employer, as a principal or contractor, can take this policy to cover the liability towards employees/dependents under the statute and common law.

Features of IndusInd Employee Compensation Insurance Policy

Covers all statutory requirements of employers
Offers reimbursement of legal expenses incurred with the company's consent
Covers death, permanent total and partial disability, and temporary disability of employees when at work
Optional cover for medical, surgical and hospital expenses, including cost of transportation to hospital, on payment of extra premium
On payment of extra premium, the policy can be extended to cover work-related diseases mentioned in the Workmen's Compensation Act

Disclaimer of IndusInd Employee Insurance Policy

IndusInd Bank Limited with its registered office at 2401, Gen Thimmayya Rd. (Cantonment), Pune-411001 is the Corporate Agent of IndusInd General Insurance Limited (Formerly Known as Reliance General Insurance Company Limited) vide corporate agency license CA0001 and does not underwrite the risk or act as an insurer. Participation by the Bank's clients in the Insurance products is purely on a voluntary basis. The contract of Insurance is between IndusInd General Insurance Limited (Formerly Known as Reliance General Insurance Company Limited) and the Insured and not between the Bank and the Insured. Servicing of the policy and adjudication of claims is sole responsibility of IndusInd General Insurance Limited (Formerly Known as Reliance General Insurance Company Limited) and IndusInd Bank cannot be held liable for the same.*T&C apply. Advertisement contains only an indication of the cover offered with IndusInd Employee Compensation Insurance Policy For complete details on the benefits, coverage, terms & conditions and exclusions, do read the sales brochure, prospectus, policy wordings and Terms & conditions carefully before concluding sale. IRDAI Registration No. 103. IndusInd General Insurance Company Limited (Formerly known as Reliance General Insurance Company Limited) Registered & Corporate Office: 6th Floor, Oberoi Commerz, International Business Park, Oberoi Garden City, Off. Western Express Highway, Goregaon (E), Mumbai- 400063. Corporate Identity Number: U66603MH2000PLC128300. Product - IndusInd Employee Compensation Insurance Policy UIN:IRDAN103CP0015V01201920. www.indusindinsurance.com |022 4890 3009 (Paid) | 74004 22200 (WhatsApp).IGI/MCOM/CO/INDUSINDEMPLOYEECOMPENSATIONWEB/Ver.1.0/250326. IGI/NL/26032026/01653

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