What is a Work Injury Benefit Policy (WIBA)?
A Work Injury Benefit Policy (WIBA) is a legally required insurance policy in Kenya that protects employees from the financial impact of work-related injuries or illnesses. This policy provides compensation and support for employees in the event of job-related accidents, ensuring both employers and employees are safeguarded.
How to Start a Work Injury Benefit Policy (WIBA)
For Employers:
- Registration: Employers must register with us by providing relevant company and employee details.
- Premium Payment: Employers are required to pay premiums based on their workforce size and the level of risk associated with their business. This ensures sufficient coverage for potential workplace injuries.
- Policy Issuance: After registration and premium payment, we shall issue a WIBA policy document, detailing the coverage and terms.
For Employees:
- Automatic Coverage: Employees are automatically covered under their employer’s WIBA policy. Employees should be aware of their rights and report any work-related injuries or health issues, without needing to engage directly with the insurer.
Key Benefits of a Work Injury Benefit Policy (WIBA)
- Medical Expenses Coverage: WIBA covers medical costs related to work-related injuries or illnesses, including hospitalization, surgeries, and treatment.
- Temporary Disability Benefits: Provides compensation for lost wages if the employee is temporarily unable to work due to a work injury.
- Permanent Disability Benefits: Offers financial support to employees who suffer permanent disabilities from a work-related accident or illness.
- Death Benefits: WIBA provides compensation to the dependents of an employee who passes away due to a work-related injury.
- Rehabilitation Costs: Covers retraining or rehabilitation expenses for employees who cannot return to their previous role due to injury.
WIBA Claims Procedure
- Report the Injury: The injured employee or their representative should immediately report the incident to the employer.
- Seek Medical Attention: Employees must seek necessary medical care and retain all medical bills and reports to support their claim.
- Notify the Insurance Company: The employer should notify the insurance company of the injury and follow the necessary steps outlined by the insurer.
- Submit a Claim: The claim form should be completed, including injury details, medical records, and any supporting documentation.
- Claim Assessment: The insurance company will review the claim based on medical reports and incident details to assess eligibility.
- Receive Compensation: Upon approval, compensation will be disbursed as per the policy terms, covering medical, disability, or death benefits.
Why a Work Injury Benefit Policy (WIBA) is Essential
A Work Injury Benefit Policy is crucial for ensuring a safe and compliant workplace in Kenya. By understanding the process, employers can meet legal requirements, while employees can feel confident knowing they are protected from job-related risks.
At Rayabbay Global Insurance Agency, we offer expert guidance on navigating WIBA policies, ensuring smooth and efficient support for both employers and employees during times of need.