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Volvo Car India covers 100% of its dealer employees under a COVID term insurance policy

Volvo Car India covers 100% of its dealer employees under a COVID term insurance policy

Kolkata

Volvo Car India today announced that it has covered all personnel employed by its dealer network under a term insurance policy of upto Rs Ten lakhs. One of the major concerns during this pandemic has been the fate of a family that loses its breadwinner. Addressing this concern, the company will bear the premium cost and has undertaken the term insurance of all personnel employed at its 25 dealerships across India. Under this initiative, in the unlikely and unfortunate event of a dealer employee’s demise due to COVID, the employee’s family will receive a compensation upto Rs Ten Lakhs.

“Dealer employees are usually the first interface that Volvo customers have with the Company. They play a crucial role in customer satisfaction. For us they are an integral part of our team and therefore the company does have responsibility towards them, more so during these unprecedented times. While we hope and pray that there is no pay-out under this initiative it is definitely a comforting hope for those in our dealership ecosystem” said Jyoti Malhotra Managing Director, Volvo Car India.

Earlier, Volvo Car India had also announced the ‘Contactless Program’ to safeguard it’s dealer employees from the spread of COVID-19 and to promote online sale. The company is receiving more than 50 percent of customer inquiries through online platforms.

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