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Coverage-
	•	Technology Transition Compensation- Provides financial support to the employees laid off due to ai advancement, digital transformations, etc.
	•	Career reinvention support- Offers financial help for career counseling, skill assessment and personalized retraining programs to empower individuals to adapt to the rapid change in technologies and job markets.
	•	Wellness benefits- Includes access to mental health resources and wellness programs to support individuals through the emotional and psychological challenges of career transitions.
Covered Perils-
	•	AI- induced Layoffs-Termination resulting from the integration of AI in the workplace.
	•	Emerging technologies- Job loss due to the phasing out of outdated technologies or processes, rendering certain job roles redundant.
Exclusions-
	•	Non- technological layoffs- Termination unrelated to technological advancements, such as organizational restructuring not caused by technological changes.
	•	Voluntary Separation- Resignations of retirements initiated by the employees.