IndianOil renews medical insurance scheme for its frontline workers

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IndianOil has renewed the medical insurance scheme ‘Karma Yogi Swasthya Bima Yojana’ for its frontline workers from May 1, 2021. Representational image.

IndianOil has renewed the medical insurance scheme ‘Karma Yogi Swasthya Bima Yojana’ for its frontline workers from May 1, 2021. The medical insurance will cover more than 3.3 lakh Retail Outlet customer attendants, LPG delivery boys, Tank Truck Crew, Security Guards at Pipelines across the country etc. These personnel are at the forefront of IndianOil’s endeavour to keep the energy supply lines uninterrupted, despite the pandemic.

The medical insurance will continue to cover the personnel along with his/her 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.

IndianOil people have always been at the core of IndianOil’s operations. The Karma Yogi SwasthyaBima Yojana was launched in March 2020 to provide a safety net to the frontline workers who were braving the pandemic to cater to the fuel needs of the country. 

In FY 2020 -21, almost 300 cases requiring hospitalization were provided medical assistance and 14death cases were provided financial compensation.

Ex-gratia COVID-19 insurance

Additionally, IndianOil will continue to provide an ex-gratia COVID-19 insurance cover of Rs 5 lakh, 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 in our premises for whom IndianOil is the Principal employer and personnel engaged by our business partners comprising pump attendants, delivery boys, packed and bulk drivers, TT crew, patrolling guards of Pipelines, Loaders/ Unloaders and other associated/ support personnel at our Bottling/ Lubes/ Drum Filling/ Explosive/ Cryogenics plants, BD warehouses/ other operating locations/ customer touchpoints.

In FY 2020-21, all 23 families needing this assistance were provided with the ex- gratia compensation.

These initiatives are in line with IndianOil’s commitment to serving the Nation and its endeavour to being Pehle Indian Phir Oil. With a 33,000-plus workforce, extensive refining, distribution & marketing infrastructure and advanced R&D facilities, IndianOil has been providing energy access to millions of people across the length and breadth of the country through its ever-expanding network of customer touchpoints, currently numbering over 50,000.

With a turnover of Rs 5,66,950 crore for fiscal 2019-20, IndianOil is one the largest and most trusted corporate in the Country, touching the lives of over a billion Indians.

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