Ashok Leyland offers life, health insurance up to Rs 1 lakh to its employees on Covid Care
Ashok Leyland offers life, health insurance up to Rs 1 lakh to its employees on Covid Care
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Commercial vehicle manufacturer Ashok Leyland will provide a life insurance cover of Rs 1 lakh besides medical insurance cover for all COVID-related treatment to the extent of Rs 1 lakh to the on-roll employees of its channel partners amid the second wave of the pandemic.

The Hinduja flagship said that an estimated 15,000-20,000 people are likely to be benefited by this initiative.  The company has already rolled out a slew of measures for its own employees in the face of the pandemic.

These include financial assistance and continuation of salary for six months to an employee’s family in case of death due to COVID, setting up of a tele-consultation platform with doctors on board to enable employees and their families to reach out to them digitally and work from home facility for most of the executives, among others.

In a communication to the channel partner Wednesday late evening, Vipin Sondhi, MD and CEO, Ashok Leyland, said that the company has always considered its channel partners and their employees as its extended family, and their health, safety and well-being have always been the utmost priority.

Shares of Ashok Leyland Limited is trading at Rs127 per share, up by 1.76 percent as compared to the previous closing price of Rs. 124.80 on the National Stock Exchange during midsession, Thursday.

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