Tuesday, April 12, 2011

Oriental Insurance insures 5 IPL teams

Oriental Insurance, the state owned Insurance provider will be the one providing Insurance cover to a total of 5 IPL teams. The total Insurance cover of the teams together is a sum of Rs. 610 crores. The cover includes personal accident, medical insurance and loss of baggage.

Kerala’s Kochi Tuskers is the team with the highest Insurance coverage of Rs. 160 crores. Chenai Super Kings have got insurance cover to the tune of Rs. 136 crores. The players have been insured separately as well. You can read about it here.

Pune Warriors have got a policy worth Rs.122.4 crores for their 30 players. Rajasthan Royals got a personal accident insurance cover of Rs.93.7 crores Deccan Chargers have got a cover of Rs. 98 crores.

Oriental Insurance had provided more than Rs.1000 crores worth of Insurance coverage in the previous edition of the IPL. Board of Cricket Control in India (BCCI) and various IPL franchises had taken Insurance policies.

You could try us for some personal insurance policies.

This time the IPL has 10 teams and the event will last a total of 50 days. The finals will be held on 28th May.

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