What is Workplace Safety Compliance?

A safe work environment attracts and helps to retain employees. Taking precautionary or safety measures can help protect employees, the business premises, property as well as equipment. Adhering to rules and complying with the relevant laws of the land is the premise for any business to sustain long term. Workplace safety compliance is essential for any business to function without any hindrances and create a positive brand image.

Read more
Unlimited workmen liabilities covered starting just ₹1500*
workmen-compensation-policy

Get right expert advice

Hassle free policy

Speedy Claims

Fast-track your search with instant quotes from prominent insurers

You'll be surprised to check premium! Save up to 85% on Workmen Compensation Insurance!

Step 1/2
Covers Death & Disability
Covers Injury due to Accident
Covers Legal Expenses

You'll be surprised to check premium! Save up to 85% on Workmen Compensation Insurance!

Covers Death & Disability
Covers Injury due to Accident
Covers Legal Expenses
secure-icon We don't spam
Get Updates on WhatsApp
Check Your Premium Now

You'll be surprised to check premium! Save up to 85% on Workmen Compensation Insurance!

Step 2/2

Workplace Safety and Its Importance

Workplace safety is essential for every business regardless of size. All companies, a startup or corporate giants must incorporate safety in their workplaces. Workplace safety refers to the steps taken to limit workplace accidents, hazards, and other kinds of harm.

Typically, workplace safety directly affects the productivity of your workers and employees as well as their well-being, thus translating into a better quality of output for your business. Employers, therefore, strive to create a safe environment for their employees. Workplace safety is considered a moral responsibility of the employer toward his employee.

Workplace safety helps in:

- Preventing workplace injury

- Reducing stress

- Improving overall productivity

- Making employees or workers more aware of the workplace and tools

- Helps in avoiding damage to machinery and tools

Workplace Safety Compliance in India

India has rigorous labour laws. One of the recent developments in this law is related to workplace safety in Indian business setups. To make the workplace safer, The Occupational Safety, Health, and Working Conditions Code, 2020 (OSH Code) came into force. The Act replaces 13 old labour laws and mandates a practice for employers to establish safety protocols in the organization.

Let us look in brief, at the duties of the employer and the employee under the OSH Code.

Duties of the Employer:

- Ensuring the workplace is free from hazards and complies with the government’s directives and the OSH Code

- Providing free annual health examinations or testing to a particular class of employees

- Maintaining a safe working environment without risk to the health of the employees

- Ensuring that employees are not charged for maintaining safety and health at the workplace

Duties of the Employee:

- Taking reasonable care for maintaining the health and safety of themselves and fellow workers at the workplace

- Complying with the safety and health requirements

- Co-operating with the employer in meeting the statutory obligations

- Reporting situations which are unsafe or unhealthy to the employer

- Ensuring that no activity is undertaken willfully that may endanger themselves or fellow workers.

Why Should You Buy Workers’ Compensation Insurance?

Regardless of the measures taken and duties diligently followed, there can still be some accidents at work which may lead to injury, disability or in some cases even the death of a worker. A workmen’s compensation policy provides the employer with legal liability coverage apart from financially assisting the employees in case of an unfortunate event. It typically is a compensation policy for employees who are injured at the workplace.

We share three main reasons why employers should buy Workman’s Comp Insurance

- The insurance company covers the costs and expenses of the employer

- This insurance helps to fulfil the legal liability of the employer under the Workmen’s Compensation Act, of 1923

- To make sure the employee gets proper medical care and compensation for lost income.

Conclusion

Workplace safety is a critical issue, both for the employer as well as the employee. Employees prefer healthy and safer work environments. Organizations following workplace safety compliance are considered trustworthy and create a positive brand image in the industry.

Written By: PolicyBazaar - Updated: 20 March 2024

Now help your friend get Business Insurance

Your referral is greatly appreciated!

Our team will reach out to your friend soon to help with their business insurance requirements.

Workmen Compensation Insurance Articles
The Workmen’s Compensation Act, 1923, is a type of social security legislation that was enacted to make the...Read more
19 Nov 2020 by Policybazaar 44644 Views
Under the Workmen’s Compensation Act, compensation is offered to the workers and their dependents in case of...Read more
01 Apr 2020 by Policybazaar 24676 Views
It is a known fact that a company's success depends on its employees. Each employee expects a secure job and gets...Read more
23 Aug 2022 by Policybazaar 4544 Views
In India, various insurance policies provide different kinds of cover to the employees of an organization. Being...Read more
05 May 2021 by Policybazaar 12241 Views
Employee and worker safety is an integral part of the smooth functioning of the business. Worker’s safety is a...Read more
16 Nov 2022 by Policybazaar 5949 Views
Workers' compensation claims can be a significant financial...Read more
09 Apr 2024 by Policybazaar 153 Views
Many employers mistakenly believe that Workers' Compensation and...Read more
08 Apr 2024 by Policybazaar 231 Views
A workplace injury can be a stressful and disruptive event for...Read more
08 Apr 2024 by Policybazaar 284 Views
In the fast-paced world of entrepreneurship, small businesses...Read more
15 Dec 2023 by Policybazaar 374 Views
In the fast-paced world of transportation, workers, including...Read more
15 Dec 2023 by Policybazaar 499 Views
Policybazaar for Business - Workmen Compensation Insurance - Customer Reviews
View all
4.2/5
Based on 92 reviews
4.2
out of 5
Based on 92 reviews
8 users
68 users
16 users
0 users
0 users
4.3 June 28, 2023
Abha
Positive Experience
Thank you, PolicyBazaar, for providing such a positive experience and ensuring that well-being of my employees and business!
Lucknow
4 June 18, 2023
Shreaya
Provides Financial Security
I purchased Workmen Compensation Insurance from PolicyBazaar for my business owner looking to secure their employees' welfare and protect their business interests.Thankyou. Worth buying.
Hyderabad
3.8 June 08, 2023
Raman
Nice Purchase
I purchased Workmen compensation plan which turn out to be the good decision. Thanks PB.
Pune
4.3 May 26, 2023
Mayur
Multiple Benefits
I recommend purchasing Workmen Compensation Insurance from Policybazaar. Their user-friendly platform, diverse policy options, exceptional customer support and efficient claims processing make them stand out from the competition.Thanks. It was a good decision.
Delhi
4 May 21, 2023
Shivam
Great Plan
I recently bought Workmen Compensation Plan at policybazaar website which provides comprehensive coverage giving me peace of mind knowing that my employees are well protected in case of any unfortunate event.Thanks.
Pune
3.8 May 16, 2023
Vishal
Helpful Representatives
The team at PolicyBazaar were responsive, courteous, and extremely knowledgeable. I had a few questions regarding the coverage terms and the representatives were patient in addressing all my queries. Thanks.
Coimbatore
4 May 11, 2023
Aditya
Good Platformm
When it came to selcting the right Workmen Compensation Insurance, Policybazaar offered an impressive range of options from reputable insurers. I appreciated the comprehensive details avalable for each policy which helped me to take the better decisions. Thankyou.
Chennai
3.8 May 06, 2023
Dhiraj
Well Informed
I recently purchased Workmen Insurance plan from PolicyBazaar. The process was straightforward and I felt well-informed throughout, thanks to the clear and concise information provided.
Delhi
4.3 May 01, 2023
Abhiraj
Good Decision
I am absolutely delighted with the Workmen Compensation Insurance policy I purchased through Policybazaar. From start to finish, the entire experience has been nothing short of exceptional. I can confidently say that this is one of the best decisions I have made for my business.
Mumbai
3.8 April 30, 2023
Anam
Instant Protection Against Accidental Misshappening
I bought Workmen Compensation Plan from the Policy bazaar website online for our workers in my industry to get protetion aganst any Accidental miss happening caused to them. It offers amazing deals which provide them with medical coverage and help me to get instant protection against any loss. Thanks, PolicyBazaar.
Madurai