The Agricultural and Agrarian Insurance Board states that it is planned to carry out a life insurance coverage scheme for workers participated in the Kithul (Caryota urens), coconut, and Thal (palmyra) markets in the country.Accordingly, it has been presently prepared to introduce the Accidental Death and Dismemberment (AD&D) insurance coverage for workers in these markets, which can be restored yearly, the board said.Furthermore, the Agricultural and Agrarian Insurance Board specified that under this scheme, insurance protection of Rs.
500,000, Rs.
1,000,000, and Rs.
2,000,000 will be provided in case of death or overall and permanent disability.It is likewise reported that the insurance protection will use in cases of temporary incapacitation along with hospitalization due to mishaps, according to the Agricultural and Agrarian Insurance Board.The board has actually also planned to provide the chance to join this insurance at little yearly installments, such as Rs.
2,000, Rs.
4,000, and Rs.
8,000.