General insurance agents seek aid from PSU insurers
The Hindu
Demand for compensation of at least ₹10 lakh each to families of agents who died of COVID
A general insurance agents’ body has appealed to the four public sector general insurers to declare a compensation of at least ₹10 lakh each to the families of agents who have died of COVID-19. It also wanted the four companies, namely National Insurance, New India Assurance, Oriental Insurance and United India Insurance, to extend interest free loans to agents hospitalised due to the virus. Seeking support from the companies for the agents, General Insurance Agents’ Federation Integrated (GIAFI) president Rapolu Sudhakar said payment of the compensation will immensely help families of the agents. Many agents are unable to afford the cost of treatment for self and family members.
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