Work Injury Compensation Insurance

work_injury_compensationThe Work Injury Compensation Act (WICA) replaced the Workmen’s Compensation Act with effect from 1 April 2008 and applies to all workplace injuries that happen on and after 1 April 2008.

Unlike the Workmen’s Compensation Act which covers only manual workers and non-manual workers earning $1,600 per month or less, WICA covers ALL employees regardless whether they are manual or non-manual workers and irrespective of their level of earnings.

The Act stipulates the levels of benefits required under the Work Injury Compensation policy. However, we offer premium Work Injury Compensation insurance products with enhanced benefits that go beyond the maximum benefits required by the WICA.

Enhanced Benefits
Typically, our enhanced benefits would be along the following lines but limits are flexible to suit the needs of our customers:

Medical Expenses $36,000 $150,000
Outpatient Leave Wages (MC) 14 days 60 days
Hospitalisation Leave Wage 60 days 120 days

Extended Benefits and Features

Further extended benefits can provide our customers’ employees with a 24-hour around the clock coverage even when not at work.

  • These benefits cover all insured persons for accidental death or Total and Permanent Disablement. Benefits apply to non-occupational accidents, diseases, or illnesses.
  • Typical policy payout under the Extended Benefit is $50,000 per person.
  • We can arrange coverage on a standalone basis.

We offer these benefits to a broad range of industries and businesses including:

  • Marine Offshore Contractors
  • Commercial Divers
  • Shipping & Shipbuilding Risks
  • Commercial Cleaning Contractors
  • Stevedores & Port Terminals
  • Transportation, Logistics & Warehousing

We are committed to providing superior technical solutions and service by working closely with our customers to develop a detailed understanding of their business operations, risk exposures and risk appetite and to apply our expertise to those individual business situations.

The relationships that we have built over the years with our extensive network of insurers means that we are able to negotiate and deliver the most relevant insurance cover, not only competitively priced but also with the widest possible coverage available to match our customers’ needs.

error: Content is protected !!