Workmen’s Compensation Insurance – Protecting Employers and Employees

Also known as an indemnity and benefit policy, Workmen’s Compensation Insurance offers dual benefits. According to Article 8 of the Federal Labor Law 1980, employers are legally required to compensate employees for injuries sustained during their employment. This policy protects employers by covering liabilities related to employee death or bodily injury incurred on the job, ensuring financial security and compliance with the law.