India Inc. reaches out to help families of deceased staff

Welspun Group and JK Cement have decided to provide medical insurance along with other benefits, to the families of employees who lost their lives to COVID

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COVID-19 has claimed many lives, especially in the second wave. Companies, despite everything, have not been able to save the lives of many of their employees, but they have come forward to do their best for the families of the deceased.

BK Goenka, chairman, Welspun Group, has said in an official communique that the Company considers it its duty “to secure the independence and dignity of every employee’s family so that they can chart their own success stories.”

In addition to the Group Term Life Insurance plan, the Company will give half of the monthly salary of the employee as living allowance to the families. The spouse and two children of the deceased will enjoy medical insurance worth Rs 5 lakhs for ten years. The education fees of two children, until they graduate, will also be borne by the Company. The spouse and children will have the option to take up suitable job roles as per their qualification, skills and company policy.

Andleeb Jain, chief people officer, JK Cement, has announced on social media that the Company will grant the family of the deceased employee full monthly salary for a year. The family will also enjoy medical insurance for at least three years. The children of the deceased will be educated at the Company’s own residential school, until class 12.

Jain also says in his post that these are just some small and immediate measures and that the Company will “strive to do more in any and every way.”

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