Reliance Employee Compensation Insurance Policy

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

Key Feature and Benefits 

  • Covers all statutory requirements of employers 
  • Offers reimbursement of legal expenses incurred with the company's consent

Overview

Reliance 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 Reliance 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 Reliance 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

Reliance Group Mediclaim Insurance Other Features

  • Covers medical expenses incurred during Hospitalization for a minimum of 24 hours
  • Covers 30 days pre and 60 days post hospitalization
  • Covers domiciliary hospitalization
  • Coverage against pre existing diseases
  • Covers day care procedures
  • Covers maternity

The General Insurance product is offered and underwritten by Reliance General Insurance Co. Ltd. The General Insurance contract is between the Proposer and Reliance General Insurance Co. Ltd.

IndusInd Bank Limited with its registered office at 2401, Gen Thimmayya Rd. (Cantonment), Pune-411001 is the Corporate Agent of 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 Reliance General Insurance and the Insured and not between the Bank and the Insured. Servicing of the policy and adjudication of claims is sole responsibility of 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 Reliance 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. Reliance General Insurance Company Limited. Registered Office & Corporate Office: Reliance Centre, South Wing, 4th Floor, Santacruz (East), Off. Western Express Highway,  Mumbai 400055. Corporate Identity Number: U66603MH2000PLC128300. Product- Reliance Employee Compensation Insurance Policy (UIN - IRDAN103CP0015V01201920). Trade Logo displayed above belongs to Anil Dhirubhai Ambani Ventures Private Limited and used by Reliance General Insurance Company Limited under License. reliancegeneral.co.in | 022 4890 3009 (Paid) | 74004 22200 (WhatsApp)

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS / FRAUDULENT OFFERS IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint

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