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:

  1. Coverage is for Accidental Death/Dismemberment / Permanent Total Disability
  2. Rs 2 lakh cover is for Rs 2/- per month per employee; Rs 3 lakh cover for Rs 3/- per month per employee
  3. Period of cover is 1 year
  4. The policy operates worldwide and is a 24 hours cover
  5. Simple claim procedure
  6. Simple enrolment process
Document Checklist at the time of Claim
Death claims
  1. Duly filled and signed claim form
  2. Original death certificate
  3. Original / Attested copy of post mortem
  4. Original /Attested copy of FIR
  5. Original / Attested copy of Panchnama
  6. Original / Attested copy of Police Inquest report
  7. Newspaper cutting about incident, if any
Disability claims
  1. Duly filled and signed claim form
  2. Original disability certificate issued by a doctor
  3. Medical reports / Records
  4. Investigation / Lab reports (X-rays and reports etc.)
  5. Original /Attested copy of FIR
  6. Original / Attested copy of Police Inquest report
  7. Newspaper cutting about incident, if any

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 Employee’s Day initiative to show your employees you care.

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Contact Us

Retailers Association of India (RAI)
111/112, Ascot Centre, Near Hotel ITC Maratha, Sahar Road, Sahar,
Andheri (E), Mumbai - 400099.
Tel : +91 22 28269527 - 29
Fax : +91 22 28269536,
Email: info@rai.net.in
CIN: U91990MH2005GAP151959

About Us

Retailers Association of India (RAI) is the unified voice of retailers in India. A not for profit organization, RAI works with all  stakeholders for creating the right environment for the growth of modern retail industry in India.  Read More.

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