To help policyholders who are unable to pay insurance premium on time due to the coronavirus outbreak, state-run insurer Life Insurance Corporation (LIC) has extended the deadline up to April 15, 2020.
To contain the spread of the novel coronavirus, a majority of the states have asked people to maintain social distancing and avoid travel unless necessary.
Prime Minister Narendra Modi also called for a 'Janta curfew' between 7 am to 9 pm on Sunday.
Meanwhile,in a bid to keep its staff motivated amid the coronavirus outbreak, the country's biggest lender State Bank of India (SBINSE 3.04 %) has set up a quick response team (QRT) to ensure the safety of its employees.
For the safety of its customers, the bank has provided sanitisers and soaps across the branches with thermal scanner at its bigger offices, sources saidThe bank has set up a helpline number manned by doctors and psychologists to assist its staff and employees to deal with the coronavirus outbreak as well as stress and anxiety related to this, sources said.
Staff from any part of the country can hook to the helpline set up by the HR department in times of need.