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Agri-Biz & Commodities - Insurance
Insurance cover for tea growers

Coonoor, Sept. 5

Indcoserve, the apex body of the various industrial co-operative tea factories called the Indco factories, has decided to cover the members of these factories under a new insurance scheme being mooted by the Tea Board. The scheme including life, medical, accident and education is expected to benefit some 20,000 small growers. The insurance companies have come out with attractive packages whereby a group of five members in a family is covered for at least Rs 30,000 per year in the best hospitals of the Nilgiris, Coimbatore and nearby districts. The annual premium involved is just a few hundred rupees, said Mr R.D. Nazeem, Executive Director, Tea Board. Tea Board would pay a part of the premium. - P.S. Sundar

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