Wednesday, Apr 24 2024 | Time 11:37 Hrs(IST)
image
Business EconomyPosted at: Oct 20 2021 2:26PM


Future Generali India Insurance announces Rs 10 lakh ex-gratia for kin of deceased off-roll associates

Mumbai, Oct 20 (UNI) Future Generali India Insurance Company Limited (FGII) has decided to pay ex-gratia of Rs 10 lakh to the next kin of the deceased off-roll associates, the company announced on Wednesday.

This is in addition to the initiative it had taken earlier this year to facilitate and bear the cost of vaccination for all its employees and their families.

Anup Rau, MD & CEO, Future Generali India Insurance Company Limited (FGII), said, "The virus has had a widespread impact on communities across the world and altered the way we work and live. It put a pause on our daily lives and compelled us to adopt social distancing and remote working practices. However, considering that insurance is an essential service, our people, both on-roll and off-roll, took on the responsibility of ensuring that service delivery continued as usual. We are proud of their conduct and have proactively taken steps to protect their health and safety as an organization.
The measures taken have ranged from facilitating vaccination for employees and their families to providing the necessary financial and emotional support. Our recent resolution to pay ex-gratia of Rs 10 lakh to the next kin of deceased off-roll associates is in line with our efforts to keep the health, safety, and well-being of our people at the forefront."
Sunil Wariar, Chief People Officer, Future Generali India Insurance, said, "We are a 'people first' organization and have always focused on preserving the health and well-being of our employees. In the wake of the COVID-19 pandemic, we proactively extended support to our employees through various initiatives and policies. While in 2020, we introduced several engagements and mental wellness initiatives for our employees, more recently, we have taken on the responsibility of facilitating the vaccination of all our employees and their families. The support that we have extended towards our employees is in line with our philosophy of putting our people first."
Earlier in March 2020, FGII had created a relief fund to extend financial support to the tune of Rs. 50,000 to any of its business-active agents and their families in case they tested positive for COVID-19.
The company has also taken multiple initiatives towards employee wellness and engagement during the lockdown period, including counselling for employees and their families to help them cope with issues of anxiety, stress, or other mental health challenges brought about by the pandemic.
UNI JS
Please log in to get detailed story.
Tags: #Future Generali India Insurance announces Rs 10 lakh ex-gratia for kin of deceased off-roll associates
More News
Sensex up over 200 points

Sensex up over 200 points

24 Apr 2024 | 10:39 AM

Mumbai, April 24 (UNI) The BSE Sensex remained firm for the fourth straight session on Wednesday, surging 261 points at 74,000 in opening session as buying was seen across board amid positive Asian Market.

see more..
Rupee up 6 paise against USD

Rupee up 6 paise against USD

24 Apr 2024 | 10:32 AM

Mumbai, Apr 24 (UNI) The rupee remained strong on Wednesday, advancing 6 paise to 83.28 against the opening session on selling of US dollars by bankers and exporters, dealers at the Foreign Exchange said.

see more..

USD, Yen down; Pound, Euro up

24 Apr 2024 | 10:15 AM

Mumbai, Apr 24 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.

see more..

High taxation and extreme regulations undermine legal cigarette industry in India

23 Apr 2024 | 7:48 PM

Hyderabad, April 23 (UNI) The high taxation and extreme regulations have resulted the share of legal cigarettes in total tobacco consumption in the country has shrunk by 37 per cent to a mere 9 per cent at the present from 21 per cent in 1981-82, according to the Tobacco Institute of India (TII).

see more..
Sensex ends in green; up 89 83 points

Sensex ends in green; up 89 83 points

23 Apr 2024 | 6:58 PM

Mumbai, April 23 (UNI) The stock market on Tuesday opened strong with 400 points up with all-round shopping but paired early gains towards end of the trading hour and closed at 73,738, about 90 points up from its previous close.

see more..
image