UP Govt Employees To Get ₹1 Crore Accident Cover, ₹30 Lakh Health Insurance At ₹7 Daily Premium Under Axis Bank MoU
Lucknow: Yogi government has taken an important initiative to strengthen the welfare of state government employees and enhance the social and financial security of their families. A Memorandum of Understanding (MoU) has been signed between the Secretariat Administration Department, Government of Uttar Pradesh and Axis Bank. Under the agreement, state government employees will be provided with…
Lucknow: The Yogi government has signed an MoU with Axis Bank to bolster welfare for Uttar Pradesh state government employees. Under the agreement, eligible employees will receive a personal accident insurance cover of up to ₹1 crore, health insurance up to ₹30 lakh, and term life insurance of Rs. 10 lakh. The personal accident cover provides financial security for employees and their families in case of unforeseen events.
The health insurance offer additional protection against expenses related to serious illnesses. Employees will also receive an additional education assistance of up to Rs. 8 lakh for dependent children. Employees will be provided with special salary accounts offering various banking facilities, along with extra security and welfare benefits. The arrangement will be available at a nominal premium of just Rs. 7 per day.
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