Indian Oil Corporation has recently renewed the insurance cover for petrol pump attendants and LPG delivery boys with an objective to secure its frontline workers against health emergencies. In a statement, the company said besides renewing the medical insurance for frontline workers, IOC will continue to provide ex-gratia assistance to the family of the deceased.
Standing strong with its frontline workers, the company has renewed ‘IndianOil Karma Yogi SwasthyaBima Yojana’ with effect from May 1, 2021.
IOC said, “The medical insurance will cover more than 3.3 lakh retail outlet customer attendants, LPG delivery boys, tank truck crew, security guards at pipelines etc. across the country. These personnel are at the forefront of IOC’s endeavour to keep the energy supply lines uninterrupted, despite the pandemic.”
The medical insurance will continue to cover the personnel along with their spouse and two children. Claims up to Rs. 1 lakh can be availed for expenses on hospitalisation and COVID related diseases.On accidental death of an insured, the family will be eligible for compensation of Rs. 2 lakh.
Additionally, IOC will continue to provide an ex-gratia COVID-19 insurance cover of Rs. 5 lakhs, in case of death due to COVID-19. The amount is payable to the next of kin of the deceased.These include contract labour working on-premises for whom IOC is the principal employer and personnel engaged by business partners comprising, pump attendants, delivery boys, packed and bulk drivers, TT crew, patrolling guards of pipelines, loaders/ unloaders and other associated/support personnel.
‘In FY 2020-21, all 23 families needing this assistance were provided with the ex-gratia compensation,” the statement further read.