No Tags Found!
I am looking for supporting laws for the below mentioned Insurance Policies.
Request to please provide supporting laws / Act.
1) Group Mediclaim Coverage (GMC)
2) Group Personal Accident (GPA)
3) Director & Officers Policy (D&O)
4) Workmen Compensation Insurance Policy
5) Commercial general liability (CGL)
6) Comprehensive General Liability (CGL)


Dear friend,
To my memory no law stipulates that employers should arrange all these policies, except ESI wherever applicable. However in order defray outright liabilities emerging like hospitalisation, accident, fatal injuries to employees a prudent employer should take care by arranging appropriate policies. Mediclaim (cash free), life insurance and employees (disability) compensation policies are inevitable. Employers may take a view/decide based on the cash free facilities, convenience, promptness, less paper work & formalities, competitive rates and track record in claim settlements. Above all policy benefit period should be upfront eliminating wait-in years. If more young female employees are on roll the health insurance should cover pregnancy also

From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.

Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR

All Copyright And Trademarks in Posts Held By Respective Owners.