New Delhi, Aug. 19 -- The richest Ganesh mandal of Mumbai GSB Seva Mandal has bought an insurance cover of Rs.474.4 crore this year. The increase in cover is because of the higher value of gold and silver ornaments adorning the Ganesh idol besides larger number of volunteers.
Notably, the mandal had taken an insurance policy worth Rs.400 crore last year.
The insurance has been provided by the State-owned New India Assurance to the mandal, covering all risk, standard fire and special peril policy with earthquake risk cover, public liability, besides personal accident covering volunteers and others.
Of the Rs.474.4 crore insurance cover, the largest component i.e., Rs.375 crore - has been allocated towards personal accident cover for vol...
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