BusinessHealthHEALTH / PHARMAInsurance

Khatabook extends a holistic health insurance cover to LGBTQA+ for fostering inclusivity

by Suman Gupta
  • Khatabook partners with Nova Benefits for health and YourDost for mental wellness to roll out inclusive and holistic wellness policies for its employees.
  • Employees can enroll their LGBTQ partner, Live-in partner, or any other immediate family member as a dependent
  • Maternity benefits include normal delivery, C-section, infertility, and IVF treatment
  • The policy is holistic, focusing on both physical and mental health benefits

Bengaluru, 03 August 2022 – Khatabook announced a series of all-inclusive and holistic health insurance policies for its employees, which will allow dependents to be included under the cover irrespective of their sexual orientation and gender identity. Khatabook aims to create a progressive all-inclusive culture for the well-being of its employees and their loved ones.

Under this new health policy, the company will ensure that the live-in partners and dependents of LGBTQ employees are covered under one health insurance umbrella. Treating healthcare as a basic necessity that requires equal access, with no discrimination on the grounds of sexual orientation or gender identity, is a big step in the direction of attracting diverse talent and fostering inclusive work culture for the startup. Khatabook has 22% of gender diversity and aims to bring it to 35% over the next 2  years. A policy offered in partnership with Nova Benefits is designed for a progressive workplace environment and offers a range of benefits besides being orientation and identity neutral. The policy includes live-in partners of employees, and maternity benefit cover will include infertility and IVF treatment or any post-delivery issues.

Mental health is an integral part of holistic well-being and physical health. Khatabook has also introduced a complete emotional wellness solution in partnership with YourDost to its employees. The mental wellness policy includes comprehensive guidance and solutions for mental wellness. Employees will have access to a panel of experts who can speak regional languages per the employee’s comfort. The employees will have the flexibility to choose the therapist. Also, 24×7 support will be available on the App.

“We have set up the diversity and inclusion roadmap for Khatabook with the clear objectives and actions aligned to the organizational scale-up plan. I believe achieving a truly diverse and inclusive environment that translates into a healthy and high-performing work culture needs the foundation of strong policies which are progressive, non-discriminatory, and provide a lot of freedom and choices to the employees. Our people practices will always focus on what’s best for all and not just a few employees.” Ravish Naresh, CEO and Co-founder, Khatabook.

Employee well-being is essential to Khatabook’s Employee Assistance Program (EAP). Khatabook already has a range of people-first policies in place, such as unlimited leaves and a hybrid and Flexi work environment. In addition, Khatabook was the first start-up to announce a one-week mental health break for the entire organization in 2020 and has continued the practice of annual company-wide week-long mental health breaks. The Startup was also one of the early ones to introduce primary and secondary caregiver policies for all full-time employees who are new primary and secondary caregivers, regardless of gender or sexuality.

About Khatabook: Khatabook is India’s fastest growing SaaS company that enables micro, small and medium businesses to increase efficiency and profitability through safe and secure digital solutions. Founded in January 2019, Khatabook today is available in multiple Indian languages and has 10 Mn+ monthly active users on its platforms.

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