Tuesday, July 8, 2008

Insurance cover for tsunami-hit

The Kerala Government and the Centre in association with the United India Insurance Company Ltd will jointly launch a health and personal accident insurance policy for the "Tsunami affected below poverty line (BPL) families.

Around 1.54 lakh families in Kerala would be covered by this insurance scheme 'Tsunami Jan Bima Yojana'.The beneficiaries need not pay any premium.

Out of the annual premium of Rs 800, Rs 500 would come from the Prime Minister's Relief Fund while Rs 300 will be borne by the Union Finance Ministry.

Source: insuremagic

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