ICICI Lombard gives 2 Month’s advance salary to COVID-19 positive employees

ICICI Lombard gives 2 Month’s advance salary to COVID-19 positive employees

ICICI Lombard, the private insurance comapny has announced to give up to two months’ gross salary in advance to all its COVID positive employees.

The individual can pay back the advance in 6 or 12 monthly instalments at a later date, ICICI Lombard said in a statement

The Company will also reimburse medical infrastructure support expenses up to a maximum of Rs 10,000 per family member, arising from home quarantine in case of infected employees. The benefit also includes a spouse, two children up to 25 years, and dependent parents, it added.

Recently, ICICI Lombard had announced its decision to bear the vaccination cost for all its employees and their dependents.

The company also stated that it is also tying up with healthcare facilities in the country to further facilitate the vaccine inoculation program.

Further, ICICI Lombard is also providing a family floater cover of Rs 4 lakh and a corporate buffer of Rs 3 lakh to support their employees and families during such trying times.

This insurance coverage includes the employee, spouse, two children (up to 25 years of age), and dependent parents, the company added. With PTI Inputs