Workmen Compensation Insurance Malaysia

In accordance with the workmen s compensation ordinance 1952 employers are legally obligated to insure their employees who are defined as workmen under a workmen s compensation insurance policy.
Workmen compensation insurance malaysia. What is workmen s compensation insurance. It is also known as workmen compensation insurance or worker compensation law coverage insurance. This section covers how an employer should insure his foreign employee worker and what to do in case an. The workmen s compensation insurance provides protection to employees of insured against any injury or disease arising during the course of employment.
Please refer to the policy wording for full terms and conditions. What are the major exclusions under this policy. Workmen s compensation act 1952. Page 2 of 2 cmi pds workmen s compensation insurance workmen s compensation insurance product disclosure sheet 6.
This is administered by the department of labour and applies throughout malaysia. Qbe workmen s compensation insurance provides cover against all sums for which the insured shall be liable to pay in compensation to any employee for personal injury sustained either by accident or disease arising out of and in the course of their employment under common law. To protect an employer s liability for an injured worker or worker suffering from occupational diseases from the workplace. Only foreign workers are covered under this act in respect of compensation for employment injury as well as non employment injury vide workmen s compensation foreign worker s scheme insurance order 1993.
This insurance indemnifies you against all sums for which you shall be liable to pay compensation to any. This list is non exhaustive. The employer has to purchase a workmen s compensation insurance for workmen s compensation claims by injured employees or workers. It is a workers compensation coverage.
This workers compensation insurance is bought as an employer business protection. It is a policy which covers your statutory liability as an employer to insure all your employees. Workmen s compensation insurance this policy indemnifies you against all sums for which you shall be liable to pay compensation to any employee for personal injury sustained by accidents or occupational diseases arising out of and in the course of his employment. Workmen s compensation insurance this policy cover the employer in respect of the statutory liability under the workmen s compensation law s as well as at common law to the employees who are generally not covered under socso.
Local workers will be covered under the employees social security act 1969. The workmen s compensation insurance provides coverage to you as an employer in respect of your statutory liabilities under the workmen s compensation law s as well as the common law to your employees who are generally not covered by socso.