In line with the Prime Minister’s Internship Scheme announced in the Union Budget 2024, Onsurity, India’s first SME-focused insurtech, has recently launched InternShield, a comprehensive well-being programme designed explicitly 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 encompassing physical, mental, and digital well-being. By providing these essential benefits, Onsurity ensures 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 programmes: 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 coverage up to ₹3 lakh.
- Cyber protect: Includes dark web monitoring, cyber score assessments, and cyber insurance up to ₹10,000.
Commenting on the initiative, Kulin Shah, Co-founder and Chief Operating Officer of Onsurity, stated:
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 the 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 boosts productivity and engagement and 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 most minor 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. It 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.
Companies interested in providing a holistic well-being plan for their interns can contact Onsurity through its website.
Founded in February 2020, Onsurity is a Bengaluru-based employee healthcare benefits provider for India’s SMEs, startups, and enterprises. The company has served 15,00,000+ lives and has onboarded 8,000+ companies, including Jupiter Money, CleverTap, Porter, Zepto, Sobha Developers, DBS Bank, Pantaloons, and Naturals Ice Cream. It aims to make healthcare accessible for India’s missing middle. Through holistic healthcare and wellness solutions, the platform offers businesses the flexibility of monthly subscriptions for payments and the convenience of usage through its Super App. In October 2022, cricket legend Anil Kumble joined Onsurity as a strategic advisor.