city New Delhi India covid-19 outbreak travelers city New Delhi India

NAM India to provide financial assistance to employees affected by covid

Reading now: 956
www.livemint.com

NEW DELHI : Nippon Life India Asset Management (NAM India) has announced that it has launched a family support plan for its employees to provide financial assistance and alleviate challenges faced by the families affected by covid-19.In case of an unfortunate event, the company will provide financial assistance to the bereaved family due to any medical reasons (covid-19 or otherwise) covered under the scheme.The financial assistance will be equal to two-year annual fixed pay of the employee, subject to a minimum of ₹20 lakh paid in a lump sum to the spouse or parents and assistance through the investment of this amount in a monthly income plan if required by the family.The company has also committed to building an initial corpus of ₹2.5.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA