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Online edition of India's National Newspaper Saturday, December 23, 2000 |
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Group insurance for schoolchildren
By Our Special Correspondent
BANGALORE, DEC. 22. A group insurance scheme for schoolchildren
covering 1.10 crore students from first to tenth standard will be
launched from June 2001.
The premium of Rs. one per student amounting to Rs. 1.10 crores
will be shared by the Government and voluntary agencies.
The Minister for Primary and Secondary Education, Mr. H.
Vishwanath, told presspersons here today that the novel scheme,
the first of its kind, would cover all government schools.
The Government would, however, insist on private schools too to
introduce the scheme.
Mr. Vishwanath said the Government would pay 50 per cent of the
premium amount and the rest would be borne by voluntary agencies.
He appealed to NGOs and voluntary organisations to come forward
to help in this good cause.
He said Rs. 25,000 would be paid in case of death and Rs. 20,000
in case of major injuries. In case of minor injuries, the amount
would be paid according to the nature of injury.
Mr. Vishwanath said that a private insurance company had come
forward to take up the scheme.
He said the insurance certificate along with free bag, textbooks
and a set of uniforms would be given to the students at the time
of school admission in June.
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