Workmen Compensation Insurance Malaysia

This section covers how an employer should insure his foreign employee worker and what to do in.

Workmen compensation insurance malaysia. Workers accident compensation insurance is managed by the labor standards office. It is a workers compensation coverage. To protect an employer s liability for an injured worker or worker suffering from occupational diseases from the workplace. Employer s liability insurance this policy covers you as an employer and mitigates the risk of you being sued by employees not protected by workmen s compensation acts or socso and who suffered bodily injuries or diseases in the course of their employment.

The employer has to purchase a workmen s compensation insurance for workmen s compensation claims by injured employees or workers. Please refer to the policy wording for full terms and conditions. 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. Read more about our cookie usage here.

This is administered by the department of labour and applies throughout malaysia. Qbe workmen s compensation insurance provides cover against all sums for which the insured shall be liable to pay in compensation to any employee for personal injury sustained either by accident or disease arising out of and in the course of their employment under common law. Workers accident compensation insurance is paired with unemployment insurance and referred to collectively as labour insurance. 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.

What is the workers compensation insurance in malaysia. This list is non exhaustive. 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. The employer will have to purchase a workmen s compensation insurance for workmen s compensation claims by injured employees or workers.

What are the major exclusions under this policy. Workmen s compensation act 1952. It is also known as workmen compensation. 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.