National Insurance Company’s workmen compensation policy provides indemnity to the insured employer against statutory liabilities towards its employees.
National Insurance Company’s WC Policy
Compensation amount payable under National Insurance
Contributing factors in the premium calculation
- Type of work, job nature
- Payroll size
- Work location
- Number of employees
- Policy coverage
- Policy term
- Previous claims
Also read: Infographic on Factors involved in premium calculation here.
Steps to Place a Claim
- Notify National insurance with complete details immediately
- Take preventive measures
- Survey assistance
- Submit all the documents within 30 days from loss
- Once the insurer receives an investigation report and verifies final documents, the claim will be quickly settled within 30 days’ time
Required Claim Documents
- Duly completed claim form
- Medical practitioner’s certificate
- Hospital and pharmacy bills
- Surgeon’s certificate with all the details of surgery performed
- Discharge summary
- Death certificate in case employee is diseased
- Attested copy of FIR, if applicable
- Any other specific documents as and when asked by the insurance company
If you are an employer who believes in supporting and protecting employees’ health and their safety, availing National Insurance Company’s workmen compensation policy or workers welfare insurance is an ideal solution.
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