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India’s TEA launches medical insurance scheme for labourers


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A new medical insurance scheme “Mediplus 365” with the payment of Re. 1 per day has been  launched for labourers, informed Tirupur Exporters Association (TEA) of India. The insurance scheme  executed by Edelweiss Insurance Brokers Ltd., Mumbai through New India Insurance Company, will  provide insurance coverage of Rs. 1,00,000 to labourers.

The insurance company will take care of medical expenses and apart from this, the accident  coverage of Rs. 1,00,000 is also available to those insured under the scheme.

The association has empanelled four insurance brokers, Edelweiss Brokers Ltd., Zeal Insurance, Om  Maruthi Insurance and Indian Insurance Broking to analyse the existing general insurance policies,  viz. fire accident, flood, marine, stock and machinery breakdown taken by the TEA members and  based on the advice given by the concerned insurance brokers, the members of the body will  restructure their premium amount and coverage.

Also ReadIndia’s TEA hails Government’s move to set up ESI hospital in Tirupur

Raja M Shanmugham, President has appealed the members of TEA to utilize both the schemes and  reap benefits out of it.


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