Group Personal Accident Insurance Scheme for small tea growers receives good response

Tea garden workers throughout India within the age group of 18 to 70 years, and falling under the ambit of small tea growers are eligible for the Scheme.

Group Personal Accident Insurance Scheme for small tea growers receives good response
KOLKATA: The Group Personal Accident Insurance Scheme for small tea growers launched by Tea Board has received good response among the small tea growers of Assam and other northeastern states, West Bengal, Tamil Nadu, Kerala, Himachal Pradesh and many other regions of India. Tea garden workers throughout India within the age group of 18 to 70 years, and falling under the ambit of small tea growers are eligible for the Scheme.

The sum insured per person is Rs 2 lakh and the cover will be effective for a period of one year, from the date of receipt of premium by the insurance company selected for this purpose. The Oriental Insurance Company has been identified to administer the group insurance scheme.

The premium is Rs. 14/- per person per annum, out of which 75% will be borne by the Tea Board while the rest 25% i.e. Rs. 3.50/- will be the workers’ contribution. The Insurance scheme provides compensation in the event of the insured sustaining bodily injuries resulting solely and directly from accident caused by external, violent and visible means resulting in death or disablement.

Tea Board has launched this insurance scheme as per the XII Plan scheme guidelines under the component Small Tea Growers Development for extending support for the welfare of the tea garden workers.

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Agriculture › Group Personal Accident Insurance Scheme for small tea growers receives good response
Text Size:AAA
Success
This article has been saved

*

+