BusinessPhoto: Deccan HeraldBMTC Raises Employee Accident Insurance Cover to Rs 1 Crore
The Bengaluru Metropolitan Transport Corporation (BMTC) has increased accident insurance compensation for its employees from Rs 50 lakh to Rs 1 crore. The new three-year agreement with Union Bank of India, signed on October 8, provides enhanced compensation for accidental death and disability. Employees with salary accounts at Union Bank will receive varying benefits based on salary, including Rs 5-10 lakh for natural death and up to Rs 1 crore for disability.
Deccan Herald··Bengaluru




