Understanding Workmen Compensation: Are All Private Firms Required to Cover Every Employee?

Please advise if it is necessary for all private firms to cover all employees under WC policy even if they have insurance coverage from various policies like group accidental, term life, and health. Are all employees eligible under WC policy? What are the regulatory rules for WC policy.

Regards,
N S

The benefits of Mediclaim or GPA are less than Worker's Compensation (WC) Policy, so it can be concluded that WC is compulsory.

Dear NS,

If your establishment is covered under ESI, there is no need to take WC, but to have in absence. The WC policy is a comprehensive plan to combat all the liability your establishment is likely to face in case of any accident caused to a workman. In case any liability arises, the establishment has to handle it not by the policy held in the name of the workman.