Sunday, 5th April 2026
Khabor Wala Desk
Published: 18th March 2026, 6:00 AM
VTech Wabag Limited has partnered with Protective Islamic Life Insurance Limited to provide its employees with robust group insurance benefits, reinforcing the company’s commitment to staff welfare and wellbeing. The formal agreement was signed on Monday, 16 March, in the presence of senior officials from both organisations.
The new scheme ensures that every VTech Wabag employee will enjoy access to comprehensive health and life insurance coverage. Designed to provide financial protection and promote better healthcare access, the programme includes benefits for hospitalisation, medical diagnostics, and life coverage in the event of accidental or natural death.
Key highlights of the group insurance plan include:
Hospitalisation Support: Employees admitted to hospitals under covered conditions will receive cashback at predetermined rates, easing financial burden.
Diagnostic & Pathology Discounts: A wide range of medical tests will be offered at reduced costs, encouraging preventive and timely healthcare.
Life Insurance Protection: Families of employees will receive financial compensation in case of accidental or natural death.
Simplified Claims Process: The scheme features an efficient claims system to ensure fast and hassle-free reimbursement.
| Benefit Category | Details |
|---|---|
| Hospitalisation Cashback | Partial reimbursement for hospital expenses |
| Diagnostic & Pathology Tests | Discounts on a variety of medical tests |
| Life Insurance Coverage | Financial protection for accidental or natural death |
| Claims Support | Streamlined and efficient claims process |
Speaking at the signing ceremony, Dr. Kishore Biswas, CEO of Protective Islamic Life Insurance Limited, highlighted the importance of offering employees both financial security and access to quality healthcare. Santos Prakash, Project Director at VTech Wabag Limited, underlined that this initiative reflects the company’s ongoing dedication to employee welfare, wellbeing, and peace of mind.
The agreement is expected to significantly enhance the employee experience at VTech Wabag, providing not only financial safety but also confidence in the event of medical or personal emergencies. By introducing these comprehensive insurance benefits, the company joins a growing number of organisations prioritising employee health, security, and overall satisfaction.
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