Edelweiss Insurance Brokers have created a special scheme just for employees of RAI member companies. The scheme offers an accident related insurance cover of Rs 2 lakh per employee at an unbelievable cost of Rs 2 per month; and Rs 3 lakh cover for Rs 3 per month.
Scheme features are as below:
- Coverage is for Accidental Death/Dismemberment / Permanent Total Disability
- Rs 2 lakh cover is for Rs 2/- per month per employee; Rs 3 lakh cover for Rs 3/- per month per employee
- Period of cover is 1 year
- The policy operates worldwide and is a 24 hours cover
- Simple claim procedure
- Simple enrolment process
|Document Checklist at the time of Claim|
The scheme will be open for enrolment between November 1st and 25th ; premiums will have to be paid by December 5th 2015.
In our opinion, this is a good mechanism for members to insure employees against accidental death and disability. You may even want to look at this as your Retail Employees Day initiative to show your employees you care.