India's richest Ganesh pandal takes Rs 316 crore insurance cover!
The richest Ganesh pandal in Mumbai — Goud Saraswat Brahmin (GSB) Seva Mandal — has taken an insurance cover of a record Rs 316.40 crore for this year's Ganesh Chaturthi celebrations, according to media reports.
The mandal has taken insurance for a range of risks. Gold, silver, and jewellery are covered under the Risk insurance policy for Rs 31.97 crore of the total amount.
Personal accident insurance for security guards, priests, cooks, shoe store employees, and volunteers is worth Rs 263 crore.
The mandal has also taken Standard Fire and special peril policy worth one crore with earthquake risk to cover for items like furniture, installations like computers, CCTV cameras, utensils, grocery, fruits and vegetables among others.
“ The standard fire and special peril policy for the venue premises provide insurance of Rs 77.5 lakh" said the mandal head."
Public liability, which covers pandals, stadiums and devotees is secured with Rs 20 crore.
GSB Seva Mandal spokesperson Amit Pai saying, “Our Maha Ganpathi is decorated with more than 66kg of gold ornaments, 295-plus kg of silver and other precious material."
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