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ICICI Lombard Logo Workmen Compensation Policy
ICICI Lombard Workmen Compensation Policy

ICICI Lombard Workmen compensation policy compensates the employees or the workmen injured at the workplace due to unforeseen circumstances or their families in case of death of the workmen. The compensation payable depends on the type of injury and in certain cases the compensation is decided by the labor court depending on many factors such as the age of the workmen, monthly wages and other factors. Readmore...


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    ICICI Lombard workmen compensation policy also covers the cost of medical expenditure incurred by the workmen due to an accident or illness at the workplace or resulting during the course of the employment, compensation for occupational disease, compressed air disease and terrorism.
    ICICI Lombard workmen compensation policy covers the compressed air disease which would be caused by the difference in the air pressure than that of atmospheric pressure. The disease would affect the employees employed at high altitude areas or underwater.
    As a person moves from a high pressure area to a low pressure area, the air’s gasses would get dissolved in the bloodstream forming bubbles throughout the body resulting in compressed air disease. ICICI Lombard workmen compensation insurance policy thus covers the workmen against such diseases which develop as a result of difference in the air pressure at the place of work or during the course of employment. ICICI Lombard workmen compensation policy can be taken by contractors or subcontractors, individual or private limited companies and public limited companies. View less...

    What is Included in ICICI Workmen’s Compensation Insurance?


    ICICI Lombard workmen’s compensation policy has basic cover
    as well as add-on which can be purchased by paying additional premium.




    The basic cover under the ICICI Lombard Workmen compensation policy include

    • Accidental death of the workmen in the workplace or during the course of employment
    • Permanent total disability of the workmen at the workplace as a result of an accident.
    • Permanent partial disability of the workmen at the workplace as a result of an accident.
    • Temporary total disability of the workmen at the workplace as a result of an accident.

    The add-ons under the ICICI Lombard Workmen compensation policy include

    • Compressed air disease cover up to the specified limit mentioned under the policy
    • Medical extension cover with a fixed sum insured or actual medical expenses
    • Occupational disease cover
    • Terrorism cover
    • Sub contractor coverage

    Benefits of ICICI Lombard Workmen’s Compensation Policy




    Law Vector Icon - Legal Expenses ICICI Lombard Workmen Compensation Policy Legal Expenses

    The major benefit of ICICI Lombard Workmen’s compensation policy is that it bears the legal expenses of the insured customer in litigation, the amount awarded by the court and other expenses. It is important to note that there is no upper limit in the workmen compensation policy making it a beneficial plan instead of indemnity based plan. ICICI Lombard workmen compensation policy covers the claims payable which are awarded by the honorable courts.

    Thumsup Vector Icon - Hassle Free JourneyICICI Lombard Workmen Compensation Policy Hassle free journey

    ICICI Lombard workmen compensation policy can be purchased online from here in a very hassle free way without the trouble of going to the office of the insurance company.

    Hand Shake Vector Icon - Comprehensive and Flexible ICICI Lombard Workmen Compensation PolicyComprehensive and Flexible

    The basic cover under the policy includes the death and disability of the workmen whereas the add-on cover includes compressed air disease, occupational disease, terrorism damage cover, medical extension cover, medical extension cover under which the sum insured option can be a certain limit or the actuals.

    Gear Vector Icon - ICICI Lombard Workmen Compensation PolicySwift response and efficient servicing of claims

    The major advantage of ICICI Lombard workmen compensation policy is the swift response of the company in case of registration of a claim and handling of claims. The insured can call on the toll free number of the company to register the claim and within a few hours a call back would be arranged from the concerned department to understand the claim related details.

    Awards and Achievements of ICICI Lombard




    Trophy Vector Icon -  ICICI Lombard Award ICICI Lombard Workmen Compensation Policy ICICI Lombard was awarded a "Bronze" in the "Continuous Campaign" category for their campaign "Ride to safety"
    Trophy Vector Icon -  ICICI Lombard Award ICICI Lombard Workmen Compensation Policy ICICI Lombard was recognised as one of the "20 best insurers in the Asia Pacific region" for 2020.
    Trophy Vector Icon -  ICICI Lombard Award ICICI Lombard Workmen Compensation PolicyICICI Lombard was awarded the "Best CSR Practices" award in 9th Edition World CSR Day Congress 8 Awards
    Trophy Vector Icon -  ICICI Lombard Award ICICI Lombard Workmen Compensation PolicyICICI Lombard was awarded with the "Insurance company of the year" in the Insurance Summit.
    Trophy Vector Icon -  ICICI Lombard Award ICICI Lombard Workmen Compensation PolicyICICI Lombard was awarded the "Most innovative insurance offerings" category for “AI enabled vehicle inspection facility" .
    Trophy Vector Icon -  ICICI Lombard Award ICICI Lombard Workmen Compensation PolicyICICI Lombard was awarded "India’s leading general insurance company - Private" in BFSI Summit Awards 2020.

    Key Statistics of ICICI Lombard Insurance


    ICICI Lombard general insurance has


    Geo Tag Vector Icon - 283 Branches ICICI Lombard Workmen Compensation Policy

    283
    branches

    all over india

    Global Tag Vector Icon - 908 Virtual Offices ICICI Lombard Workmen Compensation Policy

    908
    virtual offices

    all over india

    Global Geo Tag Vector Icon - 11247 Network ICICI Lombard Workmen Compensation Policy

    11247
    network

    garage

    Geo Tag Vector Icon - 20863 Network Hospitals ICICI Lombard Workmen Compensation Policy

    20863
    network hospitals

    with cashless claim settlement facility all over India


    Common FAQs


    Medical extension add-on cover provides for compensation to the workmen in case of hospitalization due to an illness, disease or an accident. The limit of sum insured under the medical extension cover can be selected by the insured customer at the time of taking the policy. The sum insured usually ranges from 10k to 2 lakhs depending on the insurance company. The medical coverage can also be the actual amount incurred by the insured employee due to hospitalization.