Mumbai: Despite the successful and trouble-free hosting of several international events during the past year including the behemoth of all sporting extravaganzas, the Commonwealth Games, the fear of terror still seems to haunt organizers and broadcasters of various sporting events.
ESPN, which is the broadcaster for the upcoming cricket World Cup, has reportedly sought a record terror and weather insurance cover to the tune of Rs 600-crore.
The amount is three times more than the insurance cover for the 2010 Commonwealth Games in Delhi.
According to reports, New India Assurance and General Insurance Corporation have been approached to provide cover for the highly anticipated event that kicks off on February 19.
The event, which will be hosted jointly by India, Sri Lanka and Bangladesh will be telecasted in high definition for the first time ever and will also be available through mobile streaming.
The cost of the insurance cover, according to industry experts, would be anything between 7.5 to 8 crore rupees.