<p>Bengaluru: The Kalyana Karnataka Road Transport Corporation (KKRTC) has introduced a premium-free accident insurance scheme for its employees. </p>.<p>The Kalaburagi-based bus operator on Thursday signed an MoU with the Union Bank of India in the presence of Transport Minister Ramalinga Reddy here on Thursday, according to an official statement. </p>.<p>In the event of an accident resulting in the death of a KKRTC employee, whether on or off duty, his/her dependents will receive a substantial amount. Employees with permanent or partial permanent disability will also be eligible for a Rs 1 crore payout. </p>.<p>The KKRTC also introduced a separate accident insurance scheme to provide Rs 15 lakh coverage on debit cards. </p>
<p>Bengaluru: The Kalyana Karnataka Road Transport Corporation (KKRTC) has introduced a premium-free accident insurance scheme for its employees. </p>.<p>The Kalaburagi-based bus operator on Thursday signed an MoU with the Union Bank of India in the presence of Transport Minister Ramalinga Reddy here on Thursday, according to an official statement. </p>.<p>In the event of an accident resulting in the death of a KKRTC employee, whether on or off duty, his/her dependents will receive a substantial amount. Employees with permanent or partial permanent disability will also be eligible for a Rs 1 crore payout. </p>.<p>The KKRTC also introduced a separate accident insurance scheme to provide Rs 15 lakh coverage on debit cards. </p>