Canara HSBC OBC Life Insurance launches additional Covid-19 health cover for employees

LIfe Insurance

Canara HSBC Oriental Bank of Commerce Life Insurance has launched additional Group COVID care policy for employees amid the ongoing crisis of COVID-19 pandemic, keeping the wellbeing of the staff in mind.

Underlining the circumstances under which the Insurance industry employees are working which involves a lot of meetings and interaction with the customers on regular basis, the insurer came forward with special initiatives within life insurance industry to safeguard employee health and wellbeing.

The initiative will help to motivate the employees and also provide them with the confidence to meet any financial emergency during these hard times. The policy will cover the necessary expenses in case of any medical emergency and can be utilized as and when the employee is detected COVID positive and requires medical attention on urgent basis.

The expenses during COVID Hospitalization, Home care treatment, Ayush Treatment, Pre & Post hospitalization expenses up to 15 & 30 days will be covered in this additional policy.

Anuj Mathur, MD & CEO, Canara HSBC Oriental Bank of Commerce Life Insurance says: – “Employee wellbeing & safety has always been our priority since inception and given the nature of our business, the Company has taken this measure to protect our employees in these unprecedented times.”

Kiran Yadav, Chief People Officer, Canara HSBC Oriental Bank of Commerce Life Insurance says: – “Looking at the severity of COVID situation across the globe, it becomes our responsibility to extend best possible care to our workforce. Rolling out COVID care policy to designate employees will empower them to take more considered decisions and continue their efforts on the work front.

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