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Indian Oil Corporation renews insurance cover for frontline workers

06 May 2021 Evaluate

Indian Oil Corporation (IOC) has renewed insurance cover for petrol pump attendants and LPG delivery boys as it looked to secure its frontline workers against health emergencies. Standing strong with its frontline workers, IOC has renewed IndianOil Karma Yogi Swasthya Bima Yojana with effect from May 1, 2021.

The medical insurance will cover more than 3.3 lakh retail outlet customer attendants, LPG delivery boys, tank truck crew, security guards at pipelines etc across the country. These personnel are at the forefront of IOC's endeavour to keep the energy supply lines uninterrupted, despite the pandemic. The medical insurance will continue to cover the personnel along with their spouse and two children. Claims up to Rs 1 lakh can be availed for expenses on hospitalisation and COVID related diseases.

IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

Peers
Company Name CMP
Reliance Industries 1275.00
Indian Oil Corpn. 135.30
Bharat PetroleumCorp 303.00
HPCL 354.00
MRPL 181.35
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