A Workmen's Compensation Policy offers coverage for employees who suffer injuries or accidents while working. It provides compensation for medical expenses, disability, or death resulting from workplace incidents.

This policy is designed to protect both employers and employees by ensuring that workers are financially supported if they are injured or killed on the job. It covers medical bills, lost wages, and provides compensation to the families of employees in case of fatal accidents. Workmen's compensation also helps employers meet legal requirements and avoid potential lawsuits.

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