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