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Future Generali Announces ex-gratia of INR 10 lakh to the Kin of Deceased Off-roll Associates

In Business
October 21, 2021

In yet another step towards protecting its employees from the adverse effects of the COVID-19 pandemic, Future Generali India Insurance Company Limited (FGII) has decided to pay ex-gratia of INR 10 lakh to the next kin of the deceased off-roll associates. This is in addition to the initiative it had taken earlier this year to facilitate and bear the cost of vaccination for all its employees and their families.

Anup Rau, MD & CEO, Future Generali India Insurance Company Limited (FGII), said, “The virus has had a widespread impact on communities across the world and altered the way we work and live. It put a pause on our daily lives and compelled us to adopt social distancing and remote working practices. However, considering that insurance is an essential service, our people, both on-roll and off-roll, took on the responsibility of ensuring that service delivery continued as usual. We are proud of their conduct and have proactively taken steps to protect their health and safety as an organization. The measures taken have ranged from facilitating vaccination for employees and their families to providing the necessary financial and emotional support. Our recent resolution to pay ex-gratia of INR 10 lakh to the next kin of deceased off-roll associates is in line with our efforts to keep the health, safety, and well-being of our people at the forefront.”

Sunil Wariar, Chief People Officer, Future Generali India Insurance, said, “We are a ‘people first’ organization and have always focused on preserving the health and well-being of our employees. In the wake of the COVID-19 pandemic, we proactively extended support to our employees through various initiatives and policies. While in 2020, we introduced several engagements and mental wellness initiatives for our employees, more recently, we have taken on the responsibility of facilitating the vaccination of all our employees and their families. The support that we have extended towards our employees is in line with our philosophy of putting our people first.”

In March 2020, FGII had created a relief fund to extend financial support to the tune of Rs. 50,000 to any of its business-active agents and their families in case they tested positive for COVID-19. The company has also taken multiple initiatives towards employee wellness and engagement during the lockdown period, including counselling for employees and their families to help them cope with anxiety, stress, or other mental health challenges brought about by the pandemic