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How is the group insurance fund benefited to employee?

Office Development Office Management
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Question added by Fazlul Hoque , Assistant Director , DoF,GoB
Date Posted: 2013/08/28
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Fazlul Hoque
by Fazlul Hoque , Assistant Director , DoF,GoB

Group insurance fund generally created by a common savings account in which every employee deposit regularly some small amount of money from their monthly or weekly salary. This tiny amount of money contribution does not hamper their financial cost.

 

Group insurance fund benefited to employee by the following ways:

 

a.               Needed amount of money granted from Group insurance fund to employee during severe illness.

 

b.              A big amount of money granted from Group insurance fund to employee during sudden accident.

 

c.               A vast amount of money granted from Group insurance fund to employee’s family if the employee die suddenly..

 

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