What is workmen’s compensation insurance in the UAE?

Workmen’s compensation insurance in the UAE is a legally required policy that provides financial assistance to employees in the event of a work-related injury, accident, or illness. This coverage is crucial for supporting employees financially while helping businesses avoid legal disputes. The policy ensures that essential coverage is included, reducing any financial burden employees may face during their recovery period away from work. Established in accordance with UAE Federal Law No. 8 of 1980, workmen’s compensation insurance also serves as a safeguard for employers against potential liabilities.