Workers in any organization are exposed to work related
accidents and are therefore well protected under the UAE Federal Law No.8 of
1980 and subsequent amendments thereto. The Federal Law of UAE makes it
mandatory for the employers to pay compensation to the employee(s) due to an
accident arising out of and in the course of their employment.
Workmen's Compensation Policy indemnifies the employer
against all sums payable under the U.A.E. Federal Law No. 8 of 1980 and subsequent
amendments to pay compensation to any employee due to accident arising out of
and in the course of employment.
- Medical Expenses: Medical expenses benefit for work
related accidents for up to AED 35,000/- per person, subject to the
treatment being confined to UAE Government hospital/clinics (higher limits
and private hospitals/clinics can be opt at an extra premium).
- Expenses for Repatriation: Repatriation expenses for
transporting the deceased body following a work-related accident up to AED
35,000/- per person. (Higher limits can be considered at an extra
premium).
- Employer's Liability: Up to AED 1,000,000/-Any One
Accident &/or in the annual aggregate.
The premium rate is applicable to the Estimated Annual
Earnings of the employees which are adjustable at the end of the policy period
based on the actual annual earnings. The premium chargeable depends on the
nature of work, the risk involved for the cover/extensions to the policy. We
recommend a reference is made to the standard policy wording for a proper
understanding of the nature, scope, terms and conditions of the insurance.
No comments:
Post a Comment