The policy covers the Insured’s liability thatmay arise due to work accident to their employees as
specified under Chapter 8 of the UAE Federal Law No.8 of 1980 and subsequent amendments thereto.
Including the Employer’s liability due to negligence or default according to UAE civil law.
Workmen's Compensation Insurance, also known as Employee's Compensation Insurance, is a mandatory type of insurance for businesses operating in the UAE. The policy provides coverage for work-related injuries, disabilities, and death of employees resulting from accidents or illnesses arising out of and during the course of employment. This insurance policy is designed to protect the financial interests of both employers and employees in the event of a work-related injury or illness.
Coverage under the Workmen's Compensation Insurance policy includes:
- Medical Expenses: The policy covers the cost of medical treatment, hospitalization, and other related expenses incurred due to a work-related injury or illness.
- Disability Benefits: The policy provides compensation for employees who suffer a permanent or partial disability as a result of a work-related injury or illness.
- Death Benefits: The policy provides compensation to the family or beneficiaries of an employee who dies as a result of a work-related injury or illness.
- Rehabilitation Benefits: The policy covers the cost of rehabilitation services, including physical therapy, occupational therapy, and other forms of rehabilitation, to help the employee recover and return to work.
The Workmen's Compensation Insurance policy is mandatory in the UAE for all businesses, regardless of the size of the company or the number of employees. The policy must be purchased from a licensed insurance provider in the UAE, and the premium is calculated based on the nature of the work performed by the employees, their salaries, and other related factors.
The policy provides a safety net for both employers and employees in the event of a work-related injury or illness. Employers can avoid costly legal disputes and lawsuits, and employees can receive compensation and support during their recovery and rehabilitation process.
In conclusion, Workmen's Compensation Insurance is a mandatory type of insurance that provides coverage for work-related injuries, disabilities, and death of employees. This policy provides peace of mind to both employers and employees, and ensures that everyone is protected in the event of an unexpected loss or liability.
FAQ
A: All employees working in the UAE are covered under the Workmen's Compensation Insurance policy, including full-time, part-time, temporary, and contract employees.
A: The policy covers work-related injuries or illnesses, which means any injury or illness that arises out of and in the course of employment. This includes accidents that occur at the workplace or while performing work-related duties, as well as illnesses that are caused by work-related factors such as exposure to hazardous chemicals or repetitive motion injuries.
A: The Workmen's Compensation Insurance policy provides compensation for medical expenses, disability benefits, and rehabilitation services to help the employee recover and return to work. In the case of death, the policy provides compensation to the family or beneficiaries of the deceased employee.
A: Yes, it is mandatory for all businesses operating in the UAE to have Workmen's Compensation Insurance coverage for their employees.
A: The premium for the Workmen's Compensation Insurance policy is calculated based on the nature of the work performed by the employees, their salaries, and other related factors. The insurance provider will evaluate the risk associated with the type of work performed and determine the premium amount accordingly.
A: Failing to provide Workmen's Compensation Insurance coverage for employees can result in legal penalties and fines for the employer. In addition, the employer may be liable for the cost of medical treatment, disability benefits, and other related expenses in the event of a work-related injury or illness.
