{"id":596,"date":"2015-03-18T12:35:41","date_gmt":"2015-03-18T12:35:41","guid":{"rendered":"http:\/\/54.74.229.54\/ga-insurance\/?post_type=insurance&p=596"},"modified":"2021-04-19T15:49:56","modified_gmt":"2021-04-19T12:49:56","slug":"wiba-insurance-cover","status":"publish","type":"insurance","link":"https:\/\/www.gainsuranceltd.com\/ug\/insurance\/wiba-insurance-cover\/","title":{"rendered":"WIBA Insurance"},"content":{"rendered":"

The name avers the source of the requirement of the WIBA Insurance policy. The Act came into effect in December 2007 and has variously been challenged and amended.
\nThis is a combination of the workmen injury benefit act (WIBA) and Group Personal Accident (GPA) covers, intended to give an employer a one stop solution for employee insurance. It addresses the workplace risk as well as off-duty risks
\nWhile payout under the WIBA section is standard as per the Act, benefits under the GPA cover can be tailored to suit individual needs \u2013 say multiplier on 3, 5 or 8 years.
\nWork Injury Benefit as set out by an Act of Parliament. Every employer is bound to compensate employees for any death \/ injury while on duty. Payment is for Death, Disability, and Medical expenses and funeral costs.
\nThe Labour office administers all claims under this act and directs the employer on amounts payable.<\/span>

However the Act requires that all employees are insured for the under noted benefits should the injury arise while the staff is at work:<\/span>
Description of Liability Limit of Compensation<\/span>


\n<\/strong><\/strong><\/p>\n\n\n\n\n\n\n\n
<\/td>\nLiability<\/b><\/td>\nLimit of Compensation <\/b><\/td>\n<\/tr>\n
1. <\/span><\/td>\nDeath<\/span><\/td>\nMultiple of Annual Salary<\/span><\/td>\n<\/tr>\n
\u00a02.<\/td>\nPermanent Total Disability<\/span><\/td>\nMultiple of Annual Salary<\/span><\/td>\n<\/tr>\n
\u00a03.<\/td>\nTemporary Total Disability <\/span><\/td>\nBased on actual weekly salary<\/span>
\n<\/span>Up to a Maximum of 104 Weeks For Each<\/span><\/td>\n<\/tr>\n
\u00a04.<\/td>\nMedical Expenses<\/span><\/td>\nLimit of Choice<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Get an employer a one stop solution for employee insurance<\/p>\n","protected":false},"featured_media":2027,"parent":0,"menu_order":0,"template":"","class_list":["post-596","insurance","type-insurance","status-publish","has-post-thumbnail","hentry"],"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n