Employee Benefit Insurance

Understanding Workmen’s Compensation Insurance

Understanding Workmen’s Compensation Insurance Workmen’s Compensation Insurance provides coverage for employers against their statutory liabilities under the Workmen’s Compensation Law as well as under Common Law. This policy is crucial for employees who are generally not covered by SOCSO (Social Security Organization in Malaysia). Why Employers Need Workmen’s Compensation Insurance? Employers can be held liable […]

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Employee Benefit Insurance in Malaysia: Comprehensive Coverage for Employees

Employee Benefit Insurance in Malaysia

Employee Benefit Insurance in Malaysia: Comprehensive Coverage for Employees Employee benefit insurance is a cornerstone of workforce well being, ensuring that employees remain secure and supported. In Malaysia, two essential insurance schemes, SOCSO (Social Security Organization) and EIS (Employment Insurance System), are mandated by employment laws. These schemes require both employers and employees to contribute

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