2650 students of CT Group of Institutions get insured
Author(s): Rajat KumarA group photograph of 2650 students of CT Group of Institutions at Jalandhar who have got insured. Jalandhar, December 1, 2014: In a view to provide an additional set of Wellbeing and safety services to the students,...
Jalandhar, December 1, 2014: In a view to provide an additional set of Wellbeing and safety services to the students, CT Group of Institutions, Jalandhar in association with SBI General Insurance launched a joint initiative to provide insurance coverage to its 2650 students under the "Students Safety Insurance."
Under the safety coverage all the First year students of CT Group of Institutions are insured for four different risks that include Death only, Permanent Total Disablement, Permanent Partial Disablement and Hospitalized Expenses. Students shall not be charged any money as all the expense of premiums for insurance will be borne by the CT Group of Institutions. All the students were given the cover notes for their insurance by Amit Kumar Sharma, (Assistant Manager- Broker & Corporate, SBI General Insurance). As per the cover note, the Indian students will get Rs 50,000 insurance while foreign students will get insurance of Rs. 1,00,000 on Accidental Death. The hospitalization expenses due to accident would have cover upto Rs 15,000 for Indian students and upto Rs 25,000 for each foreign student or actual whichever is less.
Explaining in detail, Manbir Singh (Managing Director, CT Group of Institutions) said, “It is a well known fact that hospitalization and surgical costs have risen tremendously throughout the years. Medicare costs do not only involve medication but also a host of other related services/equipment such as surgery, diagnostic tests, physiotherapy, purchase or rental of medical equipment, ambulance services etc. Our, this initiative is an effort to showcase our concern toward every students who took admission in our Institutions.”
Joining his words, Charanjit Singh Channi (Chairman, CT Group of Institutions) said, “In the overall interest of teaching as well as parent fraternity both CT Group of Institutions and SBI General Insurance have joined hands to protect the physical well being of the students on rolls in all the branches of our institutions."
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