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Italian multinational utility Enel has unveiled an insurance policy for its 68,000 employees worldwide in the event of hospitalisation with the COVID-19 virus.

The insurance tool is claimed to be the first-ever of its kind in the world aimed at guaranteeing support at a global level during the ongoing pandemic.

Employees of Enel will receive a cash allowance and additional benefits in the event they contract the virus or undergo intensive care.

The tool was developed in partnership with risk management services firm Aon SpA .

Read more about the works being done by Enel to address COVID-19 here.