Byju’s rolls out enhanced insurance policy for employees

Edtech company Byju’s has rolled out an enhanced and tailor-made health insurance policy for its employees that covers and further scales up focus on employees’ physical and psychological well-being.

With the objective of aiding employees during medical emergencies and relieving them of financial stress, this new policy is a step towards reinforcing the firm’s commitment to support its employees. The new policy provides employees the option to choose covers for family members i.e. parents, siblings, in-laws, and same-gender partners in the same plan.

With an extended cover of Rs. 4 lakh (employees have the option to top up the cover as well), this policy offers a competitive benefits package to include coverage of mental and psychiatric treatments, Covid home care treatment, emergency hospitalisation (without active line of treatment), and enhanced maternity coverage.

With the aim to encourage maximum employees to avail these health and wellness benefits, the policy has also introduced features such as unlimited doctor consultations, hospital cover, fitness sessions, mindfulness sessions, mental well-being treatments cover, and much more. There are add-on benefits like no waiting period and coverage of pre-existing diseases.

“The health and wellness of our employees is paramount. This updated policy is another proactive effort to create a more holistic and comfortable employee experience and expresses gratitude to every employee who has been working tirelessly during the pandemic,” said Pravin Prakash, chief people officer, Byju’s.

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