Tuesday, September 2, 2014

GSB Seva Mandal Ganapati Pandal Insured For Rs 259 Cr

Committee member of the GSB Seva Mandal, Mr. Satish Nayak said, “This year, we have gone for a larger cover as we have taken it for a one kilometre radius from the pandal. This includes cover for all devotees and the deity's ornaments against terror attacks, accidents, flooding or external damage."

The Ganesh idol at GSB Seva Mandal Ganapati pandal is decked with at least 50 kg of gold.

The popular Ganesh pandal - Lalbaugcha Raja in Lalbaug, has insured for Rs 51 crore by New India Assurance, the cover includes Rs 3.5 crore for the pandal, Rs 10 crore for risks which include food poisoning from prasad, a Rs 7.5 crore cover to insure the idol's jewellery and Rs 30 crore cover that insures security officials, volunteers and local residents.

Ganeshotsav festival, especially in Mumbai, has always been a profitable season for insurance companies.

The 10-days long festival has started on August 29, 2014. It is expected that nearly one crore people from around globe will pour on to Mumbai's roads for 'Darshan'.

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