The Pune-based auto company said in a statement that medical insurance given by the company will also be extended to dependents for 5 years.
The second wave of Corona is causing terrible destruction in the country. Whether it is a city or a village, no one is saved from the havoc of Corona. Amidst the Corona crisis, the country’s industrial help has come forward. In this episode, Bajaj Auto, the auto company that manufactures two-wheeler and three-wheeler, said that if one of its employees dies due to corona, then the company will continue to pay his family for the next two years. Apart from this, the company will also bear the expenses of the education of the children of the deceased employees.
The Pune-based auto company said in a statement that medical insurance given by the company will also be extended to dependents for 5 years. These benefits are more than the other life insurance benefits offered by Bajaj Auto.
Will give salary up to 2 lakh rupees every month
Under the Assistance Policy, Bajaj Auto said the payment of monthly salary of up to 2 lakh rupees per month for 24 months to the family of the deceased employee, education support and graduation for a maximum of two children of Rs 1 lakh per child per year till the 12th standard. 5 lakh rupees per year will be offered for the child. Bajaj Auto stated that this help is applicable to all permanent employees from April 1, 2020.
“As an employee-centric organization, we will continue to provide continuous support to all our employees through various measures and initiatives, which are not limited only to vaccination centers, but Kovid Care Service, Proactive,” Bajaj Auto said in a statement. Testing, hospitalization assistance is given.
This company started
Before that, Borosil Limited and Borosil Renewables Ltd had introduced such assistance policy for their employees. The Mumbai-based glassware company had said that the family of its employee who lost his life due to Kovid-19 will continue to get salary for the next two years.
Apart from this, his family will get all the facilities that that employee was getting. For the sake of the death of the family’s guardian, the education of the children should not be affected, so that the company said that it will also complete the graduation of the children.
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