By MT Bureau| May 21, 2021

Volvo Car India Provides Term Insurance To All Its Dealer Employees

Volvo Car India announced that it has covered all its dealer network employees under a term insurance policy of up to INR 10 lakh in the wake of the pandemic.

Through this initiative, the company will bear the premium cost and will undertake the term insurance of all personnel employed at its 25 dealerships across India. In the unlikely and unfortunate event of a dealer employee’s demise due to Covid, the employee’s family will receive compensation of up to INR 10 lakh.

Jyoti Malhotra, Managing Director, Volvo Car India, said, “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 a 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 a comforting hope for those in our dealership ecosystem”

The 'Contactless Program' was another way Volvo ensured to safeguard its dealer employees from the spread of Covid-19 and to promote an online sale. (MT)


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