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New Delhi, June 3

Escorts Ltd has introduced a personal accident cover for farmers on purchase of tractors from May 1. This includes insurance cover ranging from Rs 3 lakh to Rs 7 lakh. Escorts tractors ranging from 40-60 HP, 35-39 HP and 27-34 HP will carry a cover of Rs 7 lakh, Rs 5 lakh and Rs 3 lakh, respectively, for one year from the date of delivery. “By providing a security backing to the farmers, the Humrakshak initiative addresses one of the most important challenges that fa rmers and their families face in case of an unfortunate accident.” Mr Rohtash Mal, Executive Director and CEO, Escorts Agri Machinery Group. Escorts Agri Machinery Group has tied up with New India Assurance Company to provide personal accident cover under the programme. Under the policy, in the event of a farmer’s death or permanent disability, they will be entitled to a cover amount linked to the tractor model purchased by them, said a company statement. —

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