1 year ago
Mumbai Mandal Secures ₹474.4 Crore Insurance for Ganesh Festivities
A Mumbai community group, GSB Seva Mandal, has arranged a large insurance plan for their Ganesh Chaturthi festival.
This plan is worth ₹474.4 crore, protecting the event and its valuables.
The insurance covers gold, silver, decorations, and staff.
It protects against risks like accidents and theft during the event and the immersion processions.
The cost has increased over the years, reflecting the growing value of assets and the scale of the celebration.
Other groups, such as Lalbaugcha Raja also have insurance for their festivals.
GSB Seva Mandal secured a ₹474.4 crore insurance cover for its Ganesh Chaturthi celebrations.
The insurance covers gold, silver, other valuables, and public liability.
₹67 crore is allocated for gold, silver, and jewellery coverage.
The insurance policy includes coverage for volunteers and staff.
Coverage extends to fire, theft, and accidents during the festival and immersions.
- Who
- GSB Seva Mandal.
- What
- GSB Seva Mandal secured a large insurance cover for its Ganesh Chaturthi celebrations.
- Where
- King’s Circle in Sion, Mumbai.
- When
- The event takes place annually during Ganesh Chaturthi.
- Why
- To protect the event, its assets, and the people involved.
Key facts
- Event
- Ganesh Chaturthi
- Location
- King’s Circle, Sion, Mumbai
- Insurance Cover
- ₹474.4 crore
- Gold & Silver Cover
- ₹67 crore
- Public Liability Cover
- ₹30 crore
- Staff & Volunteer Cover
- Included in policy
Quotes
Amit Pai
Chairman of GSB Seva Mandal
“The Ganesh idol is adorned with more than 69 kg of gold ornaments, over 336 kg of silver, and other precious items donated by devotees”
theprint.in
