Learn why a Workman Compensation Insurance policy is crucial for every business and protects both employees and employers. Employees in high-risk businesses may experience work-related health issues and accidents. The Workman Compensation Act, 1923, addresses concerns about lost income and healthcare costs in such cases. They also renamed the act as Employees Compensation Act, 1923.
Source: https://securenow.in/insuropedia/is-a-workman-compensation-insurance-policy-compulsory/
