Future Generali India Life Insurance Company Limited is now Generali Central Life Insurance Company Limited. Generali Central Life Insurance Company Limited – A joint venture between Generali – one of the world’s leading insurers and Central Bank of India, India’s finest nationalised bank.
Future Generali India Life Insurance Company Limited is now Generali Central Life Insurance Company Limited. Generali Central Life Insurance Company Limited – A joint venture between Generali – one of the world’s leading insurers and Central Bank of India, India’s finest nationalised bank.
Rakesh Wadhwa:
A lot is being said about work from home, remote as a result of this pandemic. And that's something which a lot of organizations are seeing as a real benefit on real estate and also in the way work forces are organized. How do you see that and what would be the outcome of this strategy that a lot of large organizations are looking at adopting in terms of culture, in terms of innovation this old team cohesiveness, what's your take?
Keith Coats:
I don't think the workforce in a lot of companies are going to want to go back to the office. I think as I said earlier, what we have found out is that people are more productive and happier. At home. And I think it's going to have a massive demographic implication, for instance, to the inner city where suddenly you've got building space, that's unoccupied parking space, that's unoccupied.
So there all kinds of sideshows there. But I think that a lot of businesses have found that people have enjoyed working from home and don't want to go back to the office and office hours as we've known, and that won't impact at all on the business output. So a lot of the work we've been doing is to help businesses know how to lead and manage virtual teams because what you can't do is simply take the office structure home with you. If you've got small kids or both you and your partner were professionals, and now you find yourself at home and you both need to work. It's not as simple as saying, take the office home. You have to have a completely different mindset around what it means to work at home. Another practical clue would be to stop measuring inputs and measure outputs as dealing with a client. Someone recently said we want to know that our people who are working at home or at their computer at eight o'clock in the morning and stuff. And I said that's crazy. Measure outputs. Does it really matter in what they do, whether they're at their computer? Measure outputs, what are they responsible for producing. So I think that, what we've got to appreciate in this virtual kind of flexible space, we now find ourselves in whether we like it or not is that what it means to me carry on with it. And what it would mean to work from home is going to require new skill sets. I was saying to a leader the other day, who was kind of unaware of the Same - When you on a screen with all your executive team, any small distraction that you engage in can send a huge ripple message to your team. So an example is I'll look away and I'll look outside and I'm distracted. What a team member who's speaking while I do that and it throws them completely or I'll wear glasses and I'll take off my glasses that are team members speaking. I might be sending a message that I don't want to send. And so even at a leadership level, how you lead and manage virtual teams is going to require new awareness and new skill sets, how we engage and interact.
But in answer to the question, don't expect things to go back into the way they were for one, staff won't want that to be enjoyed the freedom and flexibility. That they've now got, that research has shown will always be to the company's benefit.
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Here are answers to some of the questions you might have.
Life insurance is a financial safety net that supports your loved ones in your absence. If something happens to you, it provides them with funds to help cover everyday expenses, repay debts, and achieve future goals. It gives you peace of mind, knowing your family’s financial future is secure— no matter what.
The right plan depends on your needs.
Start by assessing your life stage, financial goals, and the needs of your family. Consider factors like your income, outstanding loans, future expenses and goals (like children’s education, foreign travel, study abroad), and desired coverage amount. We offer a wide range of plans that cover multiple goals and budgets. To get a better idea and make a confident choice consult with a financial advisor or call us on 1800 102 2355.
A good rule of thumb is to aim for coverage that's 10–15 times your annual income. Consider your family’s living expenses, outstanding loans, children’s education, and long-term goals. The right amount ensures your loved ones can maintain their lifestyle and meet future needs— even in your absence.
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This Product is not available for online sale. Life Coverage is included in this Product. For detailed information on this plan including risk factors, exclusions, terms and conditions etc., please refer to the product brochure and consult your advisor, or, visit our website before concluding a sale. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. If you have any request, grievance, complaint or feedback, you may reach out to us at care@generalicentral.com For further details please access the link: www.generalicentrallife.com/customer-service/grievance-redressal-procedure.
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