Students from class-1 to XII to get benefit, State government accords sanctionBhopal:Sunday, August 24, 2008:The state government has accorded its approval to the scheme for giving insurance cover to all the students studying in government schools. The sanction has been given for the year 2008-09.
The students would be insured round the clock throughout the year. The period of insurance has been fixed between August 21, 2008 to August 20, 2009.
The premium of the insurance would be Re 1 per student. The concerning District Education Officers are sending the amount of premium to the insurance company on the basis of strength of government schools in their respective areas. The insurance is being given by Cholamandal M.S. General Insurance Company Limited, Indore.
Rs 50 thousand one hundred would be given to a student who dies in an accident or is totally incapacitated loses both of his eyes. Same amount would also be given to a students who loses both of his hands or legs. Rs 40 thousand would be given to a student who sustains permanent injury in one limb while Rs 500 would be given on loss or damage to books. Rs 5000 thousand would be provided to the student for treatment in case of accident and Rs 1000 more if his cycle goes missing at the time of accident.