|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.
The Extensions available to this insurance are;
Medical Expenses: Medical expenses benefit for work related accidents for up to AED 10,000/- per person, subject to the treatment being confined to UAE Government hospital/clinics. (higher limits and private hospitals / clinics can be opted at extra premium).
Expenses for Repatriation: Repatriation expenses for transporting the deceased body following a work related accident up to AED 5,000/- 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 on the Estimated Annual Earnings of the employees which is adjustable at the end of the policy period based on the actual annual earnings. The premium chargeable depends on the nature of work, 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.