Ganpati Pandal Insurance issued by the GSB or Goud Saraswat Brahmin Seva Mandal of Mumbai is making headlines again this year. The Mandal is known to be one of the richest mandals in Mumbai’s Matunga, and this time the Mandal has taken an insurance cover of Rs. 316.40 crores for the Festival.
Ganpati Pandal Insurance
The insurance will cover all public liabilities and every devotee visiting the Mandal.
The Mandal has reportedly taken insurance from New India Assurance for a range of risks. Gold, Silver and Jewellery are also covered under the risk insurance policy for Rs. 31.37 crores of the total amount.
The insurance includes Rs. 31.97 crore cover for gold, silver and other valuable items. It will also include Rs. 263 crores of personal insurance cover for the pandal, volunteers, priests, cooks, parking persons and security guards.
The GSB hit the headlines earlier too when it purchased an insurance cover worth Rs. 300 crore in 2016.
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