Urban Company ( formerly Urban Clap), a home services marketplace, has rolled out COVID-19 health insurance and income protection cover for service professionals on its network. The move is expected to support around 30,000 professionals active on the platform. The company founded in 2014 has emerged as India’s largest services market place with presence in over 18 cities in India. The company also has presence in 4 international markets – Dubai, Abu Dhabi, Sydney and Singapore. The company will extend insurance cover to all the service professionals across all the 18 cities in India.
This is a first-of-its-kind initiative in the services gig economy towards supporting partners with insurance and income protection, in the wake of the Coronavirus outbreak. The COVID-19 health insurance and income protection plan is in addition to the existing life, accidental and health insurance plans provided by Urban Company to its professionals.
Under this new insurance cover, service professionals are offered a hospitalization cover of up to Rs. 25,000 and income protection cover of up to Rs. 14,000 in the event of hospitalisation due to positive diagnosis of Coronavirus.
In the company’s statement on this initiative – Abhiraj Singh Bhal, Co-Founder, Urban Company, said – “We are committed to helping our service partners live a secure life. These are unprecedented times and we want to stand by our partners. We have rolled out the COVID-19 health insurance and income protection plan to all our 30,000 partners. Additionally, we are training our service partners on how to maintain hygiene, the right technique of washing their hands, and the use of respiratory masks and gloves. The health and safety of our customers and service partners remains priority # 1 for Urban Company.”
The company has also issued advisory for mandatory work from home, zero travel policy to support safety and well being of the employees and their workplace.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.