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Relay Strike: PSU non-life & life insurance staff to strike

Relay Strike: PSU non-life & life insurance staff to strike ​ By Venkatachari Jagannathan ( IANS) | Published on ​ Tue, Mar 16 2021 13:18 IST | ​ 8 Views Insurance.. Image Source: IANS News Chennai, March 16 : It is going to be a relay strike by unions in the public sector financial services sector domain. After the two day strike Monday and Tuesday by the bankers, unions in the public sector general insurance companies and Life Insurance Corporation of India will go on strike on Wednesday and Thursday, respectively. The unions in the non-life and life sectors will be going on strike protesting against the government s decision to privatise one of the general insurance companies, increasing foreign direct investment limit to 74 per cent and divest stakes in LIC by an initial public offer (IPO), union leaders told IANS.

After nationwide bank strike, now insurance companies to protest against privatisation

Highlights The four PSU non-life insurers are National Insurance Company Ltd, The New India Assurance Company Ltd, The Oriental Insurance Company Ltd and United India Insurance Company Ltd. The two-day Nationwide bank strike caused a lot of inconvenience to the customers on services such as cash withdrawals, deposits, cheque clearances, remittance services. However, branches of private-sector lenders like ICICI Bank, HDFC Bank and Axis Bank are open as they are not part of the strike. It is going to be a relay strike by unions in the public sector financial services sector domain. After the two-day strike Monday and Tuesday by the bankers, unions in the public sector general insurance companies and Life Insurance Corporation of India will go on strike on Wednesday(March 17) and Thursday (March 18), respectively.

COVID-19: THESE government employees to be reimbursed for vaccine medical expenses

COVID-19: THESE government employees to be reimbursed for vaccine ‘medical expenses’ Government has decided that employees who are insured by United India Insurance Corporation Limited, will be reimbursed the Covid 19 vaccination cost. File Photo Updated: Mar 7, 2021, 08:08 AM IST Government employees who have got their COVID-19 vaccine shot or are planning to get their first shot are being provided with special benefits by the government. Currently, the government has made vaccination free at government run facilities. However various reasons including rush at these medical facilities, the government employees have been compelled to get vaccinated at private hospitals. So, the government has decided that employees who are insured by United India Insurance Corporation Limited, will be reimbursed the cost of Covid 19 vaccination.  

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