India Inc has stepped up with a helping hand through various initiatives like testing vaccination camps, financial aid, medical help and resource access for COVID-19 care. Companies are tweaking policies on loans, insurance and leaves, to help employees take care of themselves and their families amid the second wave of pandemic.
Many corporates have updated the group Mediclaim policy to cover COVID-19 related expenses for employees and their families. Kristyl Bhesania, executive vice-president and head (human resources) at Tata AIA Life Insurance, said they are offering COVID-19 Kavach policies for employees and their family members to meet the medical expenses, in addition to Group Term and Mediclaim cover.