BHOPAL: Madhya Pradesh government has decided to provide accident insurance cover of Rs 35,000 each to students of government-run schools.The government will contract Reliance General Insurance Company to provide the cover to the students studying in class I to XII, official sources said here. The policies, with annual premium of Re one each, will provide a cover of Rs 35,000 in case of death or loss of two body parts - eyes or limbs, the sources said.
In case a student loses one of the body parts in an accident, the insurance company will give Rs 17,500 to the victim, they said, adding Rs 250 will be paid on account of damage caused to the books in the accident and Rs 1,000 for meeting medical expenses. Students enrolled from July 31, 2007, will be included in the scheme for a period of one year and the plan will provide them cover in case of accidents anywhere in the country.
The District Education Officers have been asked to prepare drafts for the premium after reviewing the list of students in their respective areas, the sources said.