GHMC Secures Road Accident Policy for 20,000 Outsourced Employees

The Greater Hyderabad Municipal Corporation (GHMC) has implemented a new policy to provide insurance coverage for 20,000 outsourced employees working in the health and sanitation wings. The policy, called the Road Accident Policy (Group Personal Accident Policy with Hospitalization), will offer comprehensive insurance coverage, including payment of 100% of the sum assured in case of fatality or permanent total disablement. This initiative follows a representation made by the Bhagyanagar Municipal Employees Union to the municipal commissioner, and the Standing Committee of the corporation has given its approval. The policy also includes reimbursement of hospitalization expenses up to a sum insured under the PA section.

Key Takeaways:

The GHMC has partnered with the National Insurance Company Limited to provide insurance coverage for 20,000 outsourced employees.
The Road Accident Policy will offer payment of 100% of the sum assured in case of fatality or permanent total disablement.
The policy will also provide reimbursement of hospitalization expenses up to a sum insured under the PA section.
The Bhagyanagar Municipal Employees Union made a representation to the municipal commissioner, which led to the approval of the policy by the Standing Committee.
The policy terms include:

+ Payment of 100% of the sum assured in case of fatality while in case of permanent total disablement/loss of two limbs/two eyes/one limb and one eye, 100 percent of the sum assured under PA Section will be paid.

+ Payment of 50 percent of the sum assured under PA Section for loss of one limb/one eye.

+ Reimbursement of hospitalisation expenses up to a sum insured under PA section for medicare taken in hospital subject to production of prescription and bills.

BMEU leaders, including G Mallikarjun, P Rami Reddy, and Vinay Kapoor, were present at the distribution of policy documents to workers.

Statistics:

20,000 outsourced employees working in the health and sanitation wings of GHMC will be covered by the Road Accident Policy.
100% of the sum assured will be paid in case of fatality or permanent total disablement.
50% of the sum assured will be paid for loss of one limb or one eye.
80% of the sum insured under PA section and 20% of the sum insured for hospitalization expenses section will be reimbursed.

Sources:

GHMC (Greater Hyderabad Municipal Corporation) - no specific date mentioned
Bhagyanagar Municipal Employees Union - no specific date mentioned
BMEU (Bhagyanagar Municipal Employees Union) leaders - no specific date mentioned