Bengaluru, 31th July 2024: In alignment with the Prime Minister’s Internship Scheme announced in the Union Budget 2024, Onsurity, India’s 1st SME-focused insurtech, today announced the launch of InternShield – a comprehensive well-being program specifically designed for interns. This initiative underscores Onsurity’s commitment to nurturing the next generation of professionals by addressing their holistic needs.
Interns are the foundation of the future workforce, bringing fresh perspectives and innovative ideas to the table. However, they often face unique challenges, including financial constraints, lack of access to quality healthcare, and the stress of balancing academic and professional responsibilities. InternShield, a first-of-its-kind initiative, aims to alleviate these concerns by offering a robust support system that encompasses physical, mental, and digital well-being. By providing these essential benefits, Onsurity is ensuring that interns can focus on their professional growth without compromising their health and well-being.
Key features of InternShield:
- Free doctor teleconsultations: Access to quality medical advice on-the-go at no cost.
- Mental and dental wellness programs: Comprehensive support for mental and dental health.
- Gym membership savings: Discounts up to 40% on gym memberships, promoting physical fitness.
- Health insurance: Coverage up to ₹1 lakh and personal accident cover up to ₹3 lakh.
- Cyber protect: Includes dark web monitoring, cyber score assessments, and cyber insurance up to ₹10,000.
Kulin Shah, Co-founder and Chief Operating Officer, Onsurity, said, “Interns represent the future of our nation. With InternShield, we aim to provide them with a robust safety net that supports their physical, mental, and digital well-being. This initiative aligns with the Prime Minister’s Internship Scheme announced in Union Budget 2024, and we are excited to lead this transformative change for India’s ever-growing SME and startup workforce.”
Companies can now access a standalone well-being plan for their interns on a monthly subscription basis through InternShield. This investment in intern well-being not only boosts productivity and engagement but also enhances the company’s reputation as a responsible and caring employer. As a result, companies can attract top-tier talent and reduce turnover rates.
- Flexible payments: Monthly payments with pro-rata billing ensure companies’ financial flexibility.
- Real-time claims tracking: Monitor and manage claims instantly, ensuring transparency and efficiency.
- Member Management: Easily activate and deactivate members as needed, providing seamless administration.
InternShield benefits teams of interns as small as 3, ensuring even the smallest groups receive top-tier well-being benefits. This scalability makes it an ideal solution for SMEs and startups looking to provide comprehensive benefits without incurring excessive costs. The initiative ensures that every intern has access to resources that promote overall well-being, helping them perform at their best and contribute meaningfully to their organisations.