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ICICI Lombard to give up to 2-month advance salary to COVID positive employees
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coronavirus disease, private sector non-life insurer ICICI Lombard on Saturday announced that it will give up to two months' gross salary in advance to all its COVID positive employees.
The employees can pay back the advance in 6 or 12 monthly instalments at a later date.The company also announced that it will reimburse medical infrastructure support expenses up to ₹10,000 per family member who are in home quarantine."Given the rapid transmission of the virus has imposed financial strain on a large section of the community, the insurer’s measure is expected to ease the burden for their employees.
The individual can pay back the advance in 6 or 12 monthly instalments at a later date," the company statement said. "The insurance company will.
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COVID-19
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India
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