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.

Workmen s compensation covers your employees work injuries and ensures your financial well being we use cookies to provide you with the best possible online experience. This workers compensation insurance is bought as an employer business protection. What is the workers compensation insurance in malaysia. It is also known as workmen compensation.

To protect an employer s liability for an injured worker or worker suffering from occupational diseases from the workplace. The workmen s compensation act 1952 is modelled on the united kingdom s workmen s compensation act 1906 adopted before malaysia s independence from the uk it is now used. Please refer to the policy wording for full terms and conditions. Workmen s compensation act 1952.

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. Page 2 of 2 cmi pds workmen s compensation insurance workmen s compensation insurance product disclosure sheet 6. Workers accident compensation insurance is managed by the labor standards office.

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. However this stipulation is no longer applicable to employees who are socso members as provided under the employees social security act 1969. What are the major exclusions under this policy. Read more about our cookie usage here.

Workmen s compensation is a compensation for injury to an employee or worker arising out of and in the course of employment that is paid to the worker or dependants. Workers accident compensation insurance is paired with unemployment insurance and referred to collectively as labour insurance. This list is non exhaustive. The employer will have to purchase a workmen s compensation insurance for workmen s compensation claims by injured employees or workers.

This is administered by the department of labour and applies throughout malaysia.