Insurance scheme for higher education students
Mumbai: Maharashtra Government is working on an insurance scheme for students of higher and technical education courses, which will ensure that their studies are not hampered in the event of the death of their guardians.
Higher and Technical Education Minister Rajesh Tope said, the scheme will be applicable to all professional degree and diploma courses like engineering, pharmacy, MBA and hotel
management that fall under the purview of his ministry.
He said, that either the students can pay a nominal premium on their own or colleges can pay from the `Students Welfare Fund` to the LIC.
"In case of death of a student`s guardian or the head of the family, Rs 4.5 lakh will be given, whereas, in case of the death of a student, the family will get Rs one lakh," he said.
According to the minister, the insurance scheme would prove beneficial in respect of the security of the student`s educational prospects.
More from India
More from World
More from Sports
More from Entertaiment
- Amitabh Bachchan's Twitter account hacked, 'sex sites' planted as following
- Lashkar-e-Toiba plotting 26/11-style attack in India with the help of Pak Navy, ISI?
- Radhe Maa approached to be a part of Bigg Boss 9?
- What was Indrani Mukherjea's original plan to murder Sheena Bora?
- Pakistan can inflict 'heavy losses' in war with India: Khawaja Muhammad Asif
- Indrani's former brother-in-law claims Sheena was Siddharth Das' daughter
- Sheena Bora murder case: 'Indrani Mukerjea's father thrashed her with belt'
- Amitabh Bachchan's Twitter account hacked, sex sites planted as 'following'
- Leaked! Tentative list of 'Bigg Boss 9' revealed and guess who's hosting?
- PM Modi releases digital version of Ramcharitmanas musical