Workmen Compensation Policy Quote

If a worker is killed or permanently disabled at work, the Act fixes what you owe regardless of fault and regardless of whether you hold a policy. The premium runs on your wage roll. The award does not.

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Or request a callback. Free, no obligation, and we are reachable 24/7. Most quotes come back the same working day.

Before you ask

Liability under the Employees' Compensation Act is strict: it does not depend on employer negligence and it cannot be contracted out of.
Compensation is calculated from monthly wages, capped at ₹15,000 for the computation, multiplied by an age factor from Schedule IV of the Act.
A principal employer can be liable for a contractor's workers under section 12, so contractor labour belongs in the policy schedule.
The policy is rated by worker category, and a claim from a category never declared is a claim an insurer can decline.

See the statutory exposure per worker → Free, nothing stored, and it makes the conversation shorter.

What drives the premium

Total annual wage roll, which is the rating base
Categories of worker and the hazard of each occupation
Whether contractor labour is included, and how many
Whether you want the medical expenses extension and common-law liability cover
Your claims history and your site safety record
Whether some of the workforce is already covered under ESIC

Indian general insurance was de-tariffed in 2007, so there is no tariff to quote from and any site publishing a rate is guessing. What we can do is read your risk against the market and come back with real terms.

What we need from you

Annual wage roll
Number of workers by category and what each category does
Whether contractor labour is engaged, and roughly how many
Whether any workers fall under ESIC
Any claim in the last three years

Send whatever you have on WhatsApp, even a photograph of the existing policy schedule. We will tell you what is missing rather than send you a form.

Frequently asked questions

Is workmen compensation insurance mandatory in India?

The liability is mandatory and cannot be contracted out of. It sits in the Code on Social Security, 2020, which absorbed the Employees' Compensation Act 1923 on 21 November 2025. The insurance policy covering it is not itself compulsory under the Code, though many state rules, tender conditions and client contracts require it. Carrying the liability uninsured is legal and rarely sensible.

Am I liable for my contractor's workers?

Usually yes. Section 12 makes the principal employer liable for compensation to a contractor's workers engaged on work forming part of your trade, with a right to be indemnified by the contractor. In practice the claim reaches you first, so ask contractors for their certificate before work starts.

How is the compensation amount calculated?

Death compensation is fifty per cent of monthly wages, capped at ₹15,000 for the computation, multiplied by the Schedule IV age factor, subject to a minimum of ₹1,20,000. Permanent total disablement is sixty per cent on the same basis, with a minimum of ₹1,40,000. The Commissioner sets the final award.

What if the worker was careless?

Compensation is still payable. Liability is strict and contributory negligence is not a defence. The narrow exceptions for intoxication and wilful breach of safety rules do not apply where the outcome was death or permanent total disablement.

Written by Parul Bhargava · Founder and Principal Advisor, advising since 2004

Talk to an IRDAI-registered advisor, free: WhatsApp +91 92514 56334 or request a callback.