Workers' Compensation Insurance & Injury Leave

As a business owner or key decision-maker of a business in today's competitive environment, you have to ensure that your workforce is adequately insured. Injured workers and their compensation are one of the main liabilities for any growing business. This is why Workers’ Compensation Insurance has been a cornerstone for their safety and compensation needs. Workers’ compensation & injury leave is one of the major aspects of this compensation type.

Read more
Unlimited workmen liabilities covered starting just ₹1500*

Get right expert advice

Hassle free policy

Speedy Claims

Fast-track your search with instant quotes from top 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 Premium Now

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

Step 2/2

Workers’ Compensation & Injury Leave in India

The compensation law is widely prevalent in many parts of the world. The compensation rights in case of work-related injury or disease are taken care of using this law in many nations. The framework and other aspects however differ from country to country.

In India, this law is more commonly known as Employee Compensation and is governed by The Employee Compensation Act of 1923. The Act doesn’t shed detailed light on Workers’ Compensation & injury leave in India. It, however, mentions the calculations of compensation for disablement or death.

Calculating Workmen Compensation for Injured Workers

Section 4 of the Act discusses the provisions of the compensation amount to be paid by the employer. The wage considered for calculating compensation under the Act is Rs. 15,000 as per the government’s new regulations.

  • In case of the death of a worker:

Claim Amount= Amount equal to 50% of the monthly wages of the deceased worker X the relevant factor


Amount of Rs 1,20,000, whichever is more

  • In case of permanent total disablement:

Claim Amount= Amount equal to 60% of the monthly wages of the injured worker X the relevant factor


Amount of Rs 1,20,000, whichever is more.

  • In case of Parmanent partial disablement

A fraction of the remuneration owed for Permanent Partial Disability should be determined by assessing the extent to which the worker's earning capacity has been reduced.

  • In case of Temporary disability
  • Every half month, 25% of the worker's monthly wage will be disbursed.
  • Compensation will be granted only if the worker remains disabled for a continuous period exceeding three days.
  • The maximum duration for receiving compensation is limited to five years.


A Workmen compensation policy protects the parties, the employer as well as the worker, making it a win-win situation for both. As an employer, merely buying a worker’s compensation is not enough. It is also essential to learn about the various aspects such as workers' compensation & injury leave that goes with it.

Written By: PolicyBazaar - Updated: 11 August 2023

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 43855 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 24265 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 4234 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 5633 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 11867 Views
Workers' compensation claims can be a significant financial...Read more
09 Apr 2024 by Policybazaar 85 Views
Many employers mistakenly believe that Workers' Compensation and...Read more
08 Apr 2024 by Policybazaar 118 Views
A workplace injury can be a stressful and disruptive event for...Read more
08 Apr 2024 by Policybazaar 132 Views
In the fast-paced world of entrepreneurship, small businesses...Read more
15 Dec 2023 by Policybazaar 314 Views
In the fast-paced world of transportation, workers, including...Read more
15 Dec 2023 by Policybazaar 420 Views
Policybazaar for Business - Workmen Compensation Insurance - Customer Reviews
View all
Based on 92 reviews
out of 5
Based on 92 reviews
8 users
68 users
16 users
0 users
0 users
4.3 June 28, 2023
Positive Experience
Thank you, PolicyBazaar, for providing such a positive experience and ensuring that well-being of my employees and business!
4 June 18, 2023
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.
3.8 June 08, 2023
Nice Purchase
I purchased Workmen compensation plan which turn out to be the good decision. Thanks PB.
4.3 May 26, 2023
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.
4 May 21, 2023
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.
3.8 May 16, 2023
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.
4 May 11, 2023
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.
3.8 May 06, 2023
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.
4.3 May 01, 2023
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.
3.8 April 30, 2023
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.