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.
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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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.
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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 t
Mahindra will Give Financial Assistance to the Dependents of its Employees who Lost their lives in Covid jagran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jagran.com Daily Mail and Mail on Sunday newspapers.
Read more about Bajaj Auto s new HR policy reaches out to families of Covid ravaged staff on Business Standard. It will offer monetary support, education and insurance to kin of deceased employees
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Maharashtra-headquartered two- and three-wheeler major Bajaj Auto has announced a slew of policies to support its employees and the community at large in the fight against the 2nd wave of the COVID pandemic.
Monetary support for the family of the employees
5-year hospitalisation insurance for all family members of the deceased employee
The latest policy announcement is in addition to several initiatives already undertaken by the company over the past one year. The company says COVID has shown that mental well-being of employees is as important as physical, and they need to be cared for in a wholesome manner.