GSB Seva Mandal Sets New Record with ₹400.58 Crores Ganeshotsav Insurance Cover for 2024
GSB Seva Mandal, renowned for its grand Ganeshotsav celebrations at King’s Circle, Mumbai, has achieved a remarkable milestone by securing a record-breaking insurance cover of INR 400.58 Crores for this year’s festivities. This significant increase from last year’s coverage of INR 360.40 Crores underscores the Mandal’s commitment to ensuring comprehensive protection and safety for all aspects of the event. The insurance policy encompasses coverage for precious items, public liability, personal accidents, and venue premises, reflecting the Mandal’s dedication to a secure and eco-friendly celebration of Lord MahaGanapati’s 70th year.
For this year’s Ganeshotsav (2024), the total insurance cover is INR 400.58 Crores. This amount includes:
- INR 43.15 Crores: All Risk Insurance Policy covering Gold, Silver, and Jewelry.
- INR 02 Crore: Standard Fire and Special Peril Policy with Earthquake Risk covering items like Furniture, Fixtures, Installations (Computers, CCTV Cameras, etc.), Utensils, Grocery, Fruits, and Vegetables.
- INR 30 Crores: Public Liability Insurance covering Pandals, Stadiums, Devotees, etc.
- INR 325 Crores: Personal Accident Insurance for Volunteers, Archaks, Cooks, Gadis, Chappal Stall Workers, Valet Parking Persons, Security Guards, etc.
- INR 43 Lacs: Standard Fire & Special Peril Policy for the venue premises.
For the previous year (2023), the insurance cover was INR 360.40 Crores. The breakdown of the coverage specifics for that year is not detailed in the provided information.
