• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Kochi , Dec. 5

Coir Board is considering introduction of a health insurance scheme for coir workers, Mr A.C. Jose, Chairman of the Board, has said.

Speaking at a function organised as part of handing over the cheque to Oriental Insurance Company towards the premium amount for the next one year for personal accident insurance scheme, Mr Jose said that the Board has been implementing the Coir Workers' Personal Accident Insurance Scheme since 1998-99 covering four lakhcoir workers in the country without any premium being collected from the workers. Till 2005-06, 179 claims involving a compensation of Rs 44.63 lakh have been settled by the Board through the insurance companies, he said.

Under the scheme, persons engaged in any work connected with various processes in coir industry, direct or indirect wage earners from the employer, dealers or producers of coir products, persons employed by or through a contractor or through an agent, self-employed persons who dependmainly on coir industry for their livelihood will be treated as coir workers for entitlement of benefit.

Insurance cover will be given for accidental death and disability. The policy will provide compensation to the disabled coir workers and to legal heirs of the deceased for disability or death.

In the event of death or permanent total disability, the compensation isRs 50,000. It will be Rs 25,000 for permanent partial disability. The scope of the scheme has been widened to include compensation for damage to or loss of fingers in accidents.

More Stories on : Coir | General Insurance | Social Security | Health

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rice production hit by climate impact: Study

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line