COVID-19: Companies step up to offer financial assistance to families of deceased employees

TCS has assured its employees, that in the unfortunate incident of demise due to COVID-19, the family members are eligible for an insurance cover of Rs 23 lakhs or an amount equivalent to six times the deceased employee’s annual compensation, whichever is higher. (Representative image)

The COVID-19 pandemic has been devastating. It has robbed us of people we love, our livelihoods and has left an indelible mark in every mortal’s psyche. While nothing can make up for the loss of a loved one, any assistance to help a family get back on their feet, is always a welcomed gesture. Keeping this in mind, many companies in India have come forth in these times of crisis, to help their employees’ families by announcing a slew of financial assistance and incentives.

Source: Moneycontrol

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