Razorpay, it added. Anuradha Bharat, Vice President, People Operations, Razorpay said, “With this initiative, we’re revolutionizing ‘caregiving’ by extending our cover beyond the traditional definitions of a family.
Furthermore, the pandemic has reaffirmed our faith that everyone is equal. We, at Razorpay are proud custodians of a workplace that is free of bias or discrimination, full of equal opportunities, and a safe place to work for people irrespective of their identities.“ Changes to the insurance cover include - -Gender reassignment surgery without a cost limitation, and only subject to co-pay, said the firm. -Infertility treatment and any post-delivery issue that arises.
Razorpay has also increased the maternity benefit cover from ₹50,000 to ₹75,000. -Ayurvedic treatment in specific scenarios. -Bereavement and widow-widower benefit: Introduced during the early days of the pandemic, the existing policy involved a 10% co-pay for employees.
Razorpay has decided to waive off the 10% in the unfortunate event of demise during hospitalization under the bereavement benefit.