Work Injury Compensation Insurance
A statutory requirement in accordance to MON Work Injury Compensation Act (WICA). As an employer, you are required to have a Work Injury Compensation Insurance policy covering all your employees doing manual work as well as those employees earning S$1,600 or less a month. It pays compensation for any work-related death, injury and occupational disease of your workers arising out of and in the course of employment including oversea assignment.
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Coverage consists of
- Medical expenses
- Lump sum compensation for death or permanent incapacity
- Medical leave wages