According to the new Union health ministry numbers, india has had over 2.4 lakh Covid deaths. The number of Covid fatalities at individual companies is unknown, as rules only require publicly traded companies to report the deaths of key management employees. Many businesses have extended their group term insurance policies to provide Covid coverage for their staff. Tata Consultancy services (TCS) is offering a Rs 23 lakh insurance policy, which is equal to six times an employee's annual salary. The partner of the deceased employee will be hired by ICICI Lombard, the country's largest private non-life insurer.

If a deceased employee has completed three years of work, muthoot Finance, India's largest gold loan NBFC, has agreed to pay the spouse or mother the next 24 months' salary. Many of our staff, associates and their families have been affected by the second wave across india, according to sunil D'Souza, MD, tcs, of Tata Consumer Products. It hires about 5 lakh workers and is the country's largest employer of tech professionals.

Kotak mahindra bank announced last week that it lost 17 workers to Covid in the fiscal year 2021, and another 17 in the previous month. Family members will get a term cover equal to a year's gross income from K Raheja Corp, a leading commercial and residential property developer. According to TOI, HCL Technologies is providing Rs 30-lakh insurance to family members, as well as HCL workers deposit related insurance and a sum equal to the deceased professional's annual salary. Borosil, a glassware company, announced on LinkedIn that it would fund their children's education in india up to graduation.

మరింత సమాచారం తెలుసుకోండి: