Kolkata: The pandemic has laid bare the tenuous financial situation of India’s lower income groups, such as those employed as daily help. Simultaneously, there is growing evidence of a willingness among gated community residents to support their staff; for example, the MyGate Trust Circle report revealed that 76.04% of residents are now more likely to provide monetary assistance to their daily help as compared to pre-Covid times, says a press release.
Taking a cue from this behavioural shift, MyGate now enables its 3 million users to purchase a hassle-free Group Health Insurance cover. This comes at a low cost and is relevant to their domestic help, such as maid, nanny, cook or driver.
MyGate’s members can buy a group health cover that allows beneficiaries to claim daily cash benefit (Hospi Cash) for hospital admissions ranging from Rs.500 per day to Rs. 3000 per day for 30 days in a year with no deductibles. The policy premium starts at Rs. 155 and goes up…