Break-up of Coverage

• All Risk Insurance Policy (Gold, Silver & Jewels): ₹67.03 crore (up from ₹43.15 cr in 2024)
• Standard Fire & Special Peril Policy with Earthquake Risk (Furniture, Fixtures, Electronics, Grocery, QR Code Scanners etc.): ₹2 crore
• Public Liability (Pandals, Stadiums, Devotees): ₹30 crore
• Personal Accident Insurance (Volunteers, Archaks, Cooks, Workers, Security Staff): ₹375 crore (biggest component)
• Standard Fire & Special Peril Policy (Premises): ₹0.43 crore

Why Such High Insurance?

The GSB Seva Mandal is known for its opulence — the Ganpati idol is adorned with gold, silver, and precious ornaments worth several crores. With lakhs of devotees visiting every year, the Mandal takes no chances, ensuring protection against risks ranging from theft and fire to personal accidents and natural calamities.

Steady Rise in Insurance Cover

• 2023: ₹360.40 crore
• 2024: ₹400.58 crore
• 2025: ₹474.46 crore

This steady rise highlights not just the growing value of the mandal’s wealth and arrangements but also the increasing focus on safety and risk management.

Symbol of Mumbai’s Ganeshotsav Grandeur

GSB Seva Mandal has long held the title of Mumbai’s richest Ganpati mandal, and its massive insurance cover reflects the scale of devotion, donations, and security involved. With each passing year, the mandal continues to set new benchmarks in both grandeur and safety, making it a focal point of Mumbai’s Ganesh Chaturthi celebrations.

Also Read: India’s Richest Ganesh Mandal Insured for ₹400.58 Crore

The post GSB Seva Mandal Insures Ganpati for ₹474.46 Crore in 2025, Mumbai’s Richest Ganpati Mandal Sets New Record appeared first on Square Feat India.