Workmen's Compensation Insurance

What is Workmen’s Compensation Insurance?

A highly customized policy to cover employer liabilities prescribed in the last amended Workmen’s Compensation Act No. 10 of 2005, to provide compensation to workmen injured during the tenure of their employment.

Insurance for all from the largest & strongest National Insurer
Benefits
All liabilities prescribed in the Workmen’s Compensation Act

All liabilities prescribed in the Workmen’s Compensation Act

Liability under common law
Liability to pay compensation for injury suffered by a workman
Liability to pay compensation for occupational diseases contracted by a workman
Additional covers not prescribed in the Act such as:
  • Riot & Strike Cover
  • Terrorism Cover
  • Travel Cover – Travelling to work from home and vice versa
  • Off duty Personal Accident Cover
  • Full Wage Cover – Payment of monthly salary on temporary disablement for thirty days subject to maximum limit of monthly salary defined as payable under the policy (Maximum of Rs. 5,500 per week and subject to a maximum payment period is 26 weeks)
  • Natural Death Cover
Eligibility
  • All employers who are legally liable for the death or injury of their workers during the course of their employment
Why should I select Sri Lanka Insurance as My Insurance Partner?

Sri Lanka Insurance is the pioneer insurance company in the island with a history spanning 57 years. Being backed by the state has added to its strength and credibility while it has the most experienced technical knowledge base. Its Life Fund in excess of LKR 116 billion and asset base of over LKR 211 billion are unmatched in the industry.

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