Introduced through Oriental Insurance Company Ltd. The scheme covers all employees of GRIDCO (Executives as well as Non-Executives)

Under the provisions of this scheme, in the event of accidental death of an employee, the Insurance Company is liable to pay the legal heir of the deceased
employee an amount of Rs.5,00,000/- in case of an Executive & Rs.3,00,000/- in case of a Non-Executive.

Under this scheme,Rs. 43,00,000/- has been released in favour of the eligible legal heirs of 13nos. ( 2 executives and 11 non-executives)of deceased employees.