This story is from May 26, 2020
Nippon Paint announces Covid-19 health insurance cover for painter partners
CHENNAI: Paint manufacturer
In the event of exposure to Covid-19, each insured painter will get an insurance cover with a flat benefit value of Rs 20,000. The policy, which has a validity for a year, will cover hospitalisation and other treatment expenses related to Covid-19 for all of the insured painters.
Talking about the new initiative, S Mahesh Anand, president – Nippon Paint (India) Private Limited (Decorative Division), said, “Covid-19 has no doubt caused a great threat to the health of the general public, but it is the daily wage workers such as painters, who have been impacted the most. While most salaried employees are covered under the health insurance policies of their companies, workers like painters who come under the unorganised sector are most exposed to risks associated with Covid-19.”
“Considering this factor, Nippon Paint is delighted to roll-out the health insurance policy which will cover our painter friends should any COVID-19 emergency arise. As India prepares to slowly resume business operations, there is an even stronger need for such initiatives.”
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Nippon Paint
has announced a health insurance policy for its painter partners across India. More than 6,000painters
will be protected againstCovid-19
.Talking about the new initiative, S Mahesh Anand, president – Nippon Paint (India) Private Limited (Decorative Division), said, “Covid-19 has no doubt caused a great threat to the health of the general public, but it is the daily wage workers such as painters, who have been impacted the most. While most salaried employees are covered under the health insurance policies of their companies, workers like painters who come under the unorganised sector are most exposed to risks associated with Covid-19.”
“Considering this factor, Nippon Paint is delighted to roll-out the health insurance policy which will cover our painter friends should any COVID-19 emergency arise. As India prepares to slowly resume business operations, there is an even stronger need for such initiatives.”
Stay informed with the latest Business News on Times of India. Explore updates on International Business, gain insights with Financial Literacy tips, and make use of Financial Calculators. Don’t forget to check the list of Bank Holidays in 2025, including Bank Holidays in January.
Top Comment
Jaspreet Singh
1690 days ago
Very welcome step by Nippon PaintRead allPost comment
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