The Telangana State Road Transport Corporation (TSRTC) has entered into an agreement with union Bank of India (UBI) to increase accident insurance for its employees from Rs 40 lakh to Rs 1 crore.
This accident insurance will be applicable to the
employees who die prematurely or become permanently disabled due to road accidents. Under the UBI Super Salary Saving Account (USSA), an accident insurance of Rs 1 crore insurance coverage up to another Rs.12 lakh through Rupay card will be given to the deceased employee’s family.