Saudi Indian Company for Co-operative Insurance (SICCI) is a joint stock company established in the Kingdom of Saudi Arabia as per Royal Decree No. M60 dated 18/09/1427H. SICCI is a joint venture between Fawaz Al Hokair Group of Companies, KSA, Life Insurance Corporation of India, The New India Assurance Company Limited, India and Life Insurance Corporation (International) B.S.C.(c), Bahrain
The Company will indemnify the insured against all sums for which the Insured shall be liable for any compensation to his employee on account of any personal injury by any work related accident arising out of and in the course of his employment.
Policy Details
Workmen Compensation:
Compensations would be as per the labour law in force at the time of accident or at common law.
Compensations would be as per the labour law in force at the time of accident or at common law.
Exclusions from the Policy:
a. Contractual liability
b. War and allied perils and nuclear risk
c. Any employee who is not a "workman" within the meaning of the Law(s).
b. War and allied perils and nuclear risk
c. Any employee who is not a "workman" within the meaning of the Law(s).