Volvo India to cover term insurance of up to 10 lacks to help employees at its dealerships

Stating that one of the major concerns during this pandemic has been the fate of a family that loses its breadwinner, the company said, it will be addressing this concern and will bear the premium cost. It has undertaken the term insurance of all personnel employed at its 25 dealerships across India.

The company has also started the 'Contactless Program' to safeguard its dealer employees from the spread of COVID-19. They are promoting their online sales and answers more than half of their queries online. 

"Under this initiative, in the unlikely and unfortunate event of a dealer employee's demise due to COVID-19, the employee's family will receive compensation up to Rs 10 lakh," Volvo Car India said in a statement.

Commenting on the initiative, Jyoti Malhotra, Managing Director, Volvo Car India, said dealer employees play a crucial role in customer satisfaction as they are usually the first interface that Volvo customers have with the company. 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 definitely a comforting hope for those in our dealership ecosystem."