WORKERS COMPENSATION INSURANCE IN MALAYSIA Types of insurance are compulsory

Workers compensation insurance in malaysia types of

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WORKERS COMPENSATION INSURANCE IN MALAYSIA Types of insurance are compulsory for foreign worker are: Foreign Workers’ Insurance Guarantee ( FWIG ) Foreign Workers’ Compensation Scheme ( FWCS ) Foreign Workers’ Health Insurance/ SKHPPA
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Workers compensation = compensation for injury to an employee or worker arising out of and in the course of employment that is paid to the worker or dependents. The employer will have to purchase a worker compensation insurance for worker compensation claims by injures employees or workers
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ACT RELATED WITH WORKER COMPENSATION INSURANCE Insurance Act 1996 Workmen’s Compensation Act 1952 (amended 1996) Provides for the compensation payment to an injured employee or worker arising out of and in the course of employment. Where the employee or worker dies in the event of fatal accident in the course and arising out of performing his duty or work. Provides for the compensation payment to the worker's dependents.
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WHO IS COVERED UNDER THE WORKERS COMPENSATION ACT 1952?? Malaysian workers are no longer covered under the Workmen’s Compensation Act 1952 will effective from 1 st July 1992 Only foreign workers are covered under this Act: Whose earnings are not more than RM500 per month All manual workers irrespective of the wage
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WHO IS RESPONSIBLE TO PAY THE COMPENSATION?? Under Section 3(1), employer include: Government of each of the states Local authority Personal representatives of a decreased employer In relation to a person employed for the purpose of any game or recreation and engaged or paid through a club Under Section 19: Employers is called “principle”
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WHO WILL RECEIVE THE COMPENSATION??
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