In a major sigh of relief to destitute Indian workers including a large number from Telangana in UAE, a new insurance plan has been revealed by the Indian Consulate in Dubai on Tuesday.
The initiative, a collaboration between two leading insurance companies in the UAE, promises compensation ranging from Rs.8 lakh (Dh35,000) to Rs.17 lakh (Dh75,000) for families of employees in case of death due to natural or accidental causes. The plan, primarily targeting blue-collar workers, extends its benefits to employees aged 18 to 70 with annual premiums as low as Rs.735 (Dh37) to Rs.1625 (Dh72). The plan also offers a Dh.12,000 coverage for repatriation of the mortal remains of the insured employee.