COVID: Bajaj Finserv launches assistance program for families of its deceased employees
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Last Updated: May 17, 2021, 04:23 PM IST
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Synopsis
The initiative is being rolled out across Bajaj Finserv and its companies -- Bajaj Finance, Bajaj Allianz Life Insurance, Bajaj Allianz General Insurance, Bajaj Housing Finance, Bajaj Finserv Health, Bajaj Financial Securities, Bajaj Finserv Markets and Bajaj Holdings & Investment. It will be effective retrospectively from April 1, 2020.
Agencies
An education assistance of up to Rs 2 lakh per annum, per child, for up to two children until their graduation will be provided, it added.
Bajaj Finserv, the holding company for the financial services business of Bajaj Group, on Monday announced a new comprehensive family assistance programme to extend support and financial assistance to families of employees who have passed away due to the COVID pandemic. This programme -- Together as One -- aims to support their children's education till graduation, provide financial assistance to such families as well as extended medical insurance coverage, a release said.