ESIC Registration

ESIC Registrations

Employee State Insurance Corporation or ESIC is a self-financing social security and health insurance scheme which provides medical benefit, sickness benefit, maternity benefit and various other benefits such as funeral expenses, free supply of physical aids etc. to the employees and their family.

Any factory or business establishment having 10 or more than 10 employees, irrespective of salary, have to register with ESIC. ESI contributions must be made for all employees having a salary of less than Rs.21,000 per month. Employees with less than Rs. 21,000 monthly wages get health and sickness benefits through this statutory scheme. The state government also contribute 1/8th share cost of the medical benefit.

ESIC
Registration
Do You Have Any Question

Need Explore Solution For Business
Growth To Join With Us

Meet With Us
Benefits

Benefits of
ESIC Registration

Medical Benefits

The ESIC takes care of an individual’s and his dependents’ medical expenses by full medical and surgical care. his dependents without any limit in ESI dispensaries and hospitals including a supply of medicine, ambulance services, and super specialty consultation.

Disablement Benefits

In case an employee is disabled, ESIC ensures that the employee is paid 90% of their monthly wages for the period of the injury in case of a temporary disablement. In case of permanent disablement, 90% of wages paid for the remaining life of such an employee.

Sickness Benefits

Sickness benefit is also provided to the insured employees in the form of cash compensation. At the rate of 70% of wages is payable to insured workers during the periods of certified sickness for a maximum of 91 days in a year by Employees State Insurance Corporation.

Maternity Benefits

ESIC also helps the insured women employees in the time of pregnancy. Maternity benefit for confinement/pregnancy is provided by ESIC for six months subject to contribution for 70 days in the preceding year.

Dependent's Benefit

In case the employee meets with an untimely death due to an injury at the place of employment, ESIC pays a dependent benefit at the rate of 90% of wage in the form of monthly payment to the dependents of a deceased insured person.

Unemployment Benefits

The ESIC ensures unemployment allowances equal to 50% of wage for up to 1 year and medical care for self and family from ESI Hospitals in case of permanent invalidity due to a non-employment injury or involuntary loss of employment.