Date:29/04/2005 URL: http://www.thehindubusinessline.com/2005/04/29/stories/2005042901061904.htm

Back BHEL gesture

Our Bureau

HYDERABAD: The BHEL R.C. Puram has introduced a Personal Accident Insurance Policy for non-BHEL employees like contract labour, apprentices, project assistants etc., as a social security measure. The move would benefit 3,500 people.

BHEL has tied up the scheme with National Insurance Company Ltd. An advance premium of Rs 2.98 lakh through a cheque was handed over to the insurance company by the new Executive Director, Mr C.P. Singh.

The policy would be effective May 1, and would provide cover up to Rs 2 lakh for individual in case of accidents and up to Rs 1 lakh in some categories of personnel, according to a BHEL press release.