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Queries & Response on Workmen / Employee Compensation Policy




Query 1:- Is there any mandatory or compulsory requirements for WC Policy?

Response:- Employees Compensation Policy is not mandatory. 


Query 2:- Understanding of overlapping on WC Policy against covering ESIC, GMC & GPA. - 

Response:-

  • WC / EC - Is compensation granted by authority on the occurrence of an accident during the performance of work
  • GMC - GMC is a medical policy which provide the medical expenses care to the Insured employees.
  • GPA - GPA is limited liability policy against the accidents to the employees

Note: GPA is limited liability based on the Insured amount - WC / EC is high liability with the discretionary power of Authority based on the Partial or Permanent lost by employee.


Query 3:- Consequences of not taking WC Policy

Response:- Employer to pay the compensation decided by the authority on occurrence of accidents during work. 


Query 4:- Process to claim under  WC Policy

Response:- Employee / Employer to report the accident to the appropriate authority WC / EC Act. Authority after verifying the requirements will pass the order of compensation to the Employer or Insurance Agency to settle.



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