New and unique initiative of Vadodara Division
Railway employees got the benefit of LIC's group insurance scheme
Vadodara Division with the concurrence of all recognized unions and associations has successfully implemented the LIC Group Insurance Scheme for its 10628 employees (who voluntarily opted for the scheme) from the DRM Hitkari Fund.
Giving this information, Amit Gupta, DRM, Vadodara Division said that under this scheme, with an annual premium of Rs 420 per person, one lakh insurance cover will be given to the railway employees who die while in service due to any natural, illness and covid. The scheme is expected to provide some immediate relief to the family members of the deceased employee.