365 AGENCY
Workmen Compensation
WORKMEN COMPENSATION
The Workmen’s Compensation Insurance provides protection to employees of Insured against any injury or disease arising during the course of employment. 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. However, this stipulation is no longer applicable to employees who are SOCSO members as provided under the Employees Social Security Act 1969.
What is the scope of cover?
Your workers will be paid the following benefits:
Your workers/employees who are covered are :-
Compensation under the Workmen's Compensation Law is payable regardless of negligence of the employer. In making a claim against you, the workmen has the option of either seeking relief or compensation under the Workmen's Compensation or under Common Law. On this matter they cannot claim compensation under both the Workmen's Compensation and Common Law.
Workmen's Compensation Insurance should cover :-
Note: 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. However, this stipulation is no longer applicable to employees who are SOCSO members as provided under the Employees Social Security Act 1969.
The Workmen’s Compensation Insurance provides protection to employees of Insured against any injury or disease arising during the course of employment. 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. However, this stipulation is no longer applicable to employees who are SOCSO members as provided under the Employees Social Security Act 1969.
What is the scope of cover?
Your workers will be paid the following benefits:
- Compensation as laid down by the Workmen's Compensation (Amendment) Act 1996.
- Legal liability at Common Law.
- Death or injury benefits.
- When common law coverage is affected, it will also indemnify you as an Employer if you are being sued by your employees for negligence.
- Employees of sub-contractors may be covered by including the wages & declaring the name of the sub-contractor.
Your workers/employees who are covered are :-
- Workmen as defined in the Workmen's Compensation Laws.
- Workmen who are not workmen insured under the SOCSO Scheme.
Compensation under the Workmen's Compensation Law is payable regardless of negligence of the employer. In making a claim against you, the workmen has the option of either seeking relief or compensation under the Workmen's Compensation or under Common Law. On this matter they cannot claim compensation under both the Workmen's Compensation and Common Law.
Workmen's Compensation Insurance should cover :-
- Workmen as defined in the Workmen's Compensation Laws.
- Workmen who are not workmen insured under the SOCSO Scheme.
Note: 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. However, this stipulation is no longer applicable to employees who are SOCSO members as provided under the Employees Social Security Act 1969.
Recent news on workmen compensation incidents:
Socso confirms Covid-19 is an occupational disease eligible for workers’ compensation
https://www.malaymail.com/news/malaysia/2020/04/08/socso-confirms-covid-19-is-an-occupational-disease-eligible-for-workers-com/1854869
Worker not paid 2 months’ salary awarded RM43,000 for constructive dismissal
https://www.freemalaysiatoday.com/category/nation/2021/04/16/worker-not-paid-his-2-months-salary-awarded-rm43000-for-constructive-dismissal/
Socso confirms Covid-19 is an occupational disease eligible for workers’ compensation
https://www.malaymail.com/news/malaysia/2020/04/08/socso-confirms-covid-19-is-an-occupational-disease-eligible-for-workers-com/1854869
Worker not paid 2 months’ salary awarded RM43,000 for constructive dismissal
https://www.freemalaysiatoday.com/category/nation/2021/04/16/worker-not-paid-his-2-months-salary-awarded-rm43000-for-constructive-dismissal/
365 Agency Sdn Bhd (1375549-U)
Are you keen to earn extra income from recommending General Insurance to your friends/relatives? Contact us today, we have attractive packages that will allow you to earn right away. Below are the list of insurance we cover.
Are you keen to earn extra income from recommending General Insurance to your friends/relatives? Contact us today, we have attractive packages that will allow you to earn right away. Below are the list of insurance we cover.
Image by Gerd Altmann from Pixabay
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STANDARD RISKS
EMPLOYEES BENEFITS |
INDUSTRIAL RISKS
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We are also in partnership with international reinsurance companies as well as provider of insurance for 40 public listed companies in Malaysia. Hence we can cater to large specialized and customized insurance needs. Talk to us today if you have a need that cannot be fulfilled by smaller insurance agencies. Smaller agencies also has the opportunity to partner with us and tap into our vast network as well. We are a member of PIAM, Persatuan Insuran Am Malaysia.
Contact us for more information
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Address:
365 Agency Sdn Bhd (1375549-U) 38-2, Jalan Ramin 2/ks7, Bandar Botanic 41200 Klang, Selangor Contact: 03-3319 9468 FB: https://www.facebook.com/365AgencySdnBhd Email: [email protected]
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