Insurance announced for college students
An undergraduate student and a guardian are now eligible for medical as well as accidental insurance cover by paying premium ranging from Rs 20 to Rs 422, as per an order issued on Monday by the state government. As per the government resolution issued by the state Higher and Technical Education department, the insurance cover will be applicable all students in government or aided colleges.
“The individual accidental insurance cover of Rs 1 lakh for one student will be available at Rs 20 for one year, while at Rs 62 the coverage will increase to Rs 5 lakh. For medical coverage up to Rs 2 lakh for treatment for various ailments recognised by the state, the premium is Rs 422,” the order said.
“The primary insured member must be a student studying in colleges, institutions, universities which are affiliated, associated, administered, categorised under the Higher and Technical Education department of Maharashtra. The secondary insured member will be one parent or guardian as mentioned in the college enrolment or admission form,” it said. Insurance cover will not be given to the students in cases of death by suicide or attempt, pregnancy or childbirth, participation in motor rallies and adventure sports and so on.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever