Nagpur :- Now insurance for students till Class XII

Now insurance for students till Class XII
After offering big bonanza in the form of ATKT for lakhs of school students who fail in state board

examinations, the state
government has now introduced a personal accidental insurance scheme for students of
state government-run schools.

The scheme to be christened as Rajiv Gandhi Students Insurance Scheme will be applicable to students from Class I to junior colleges at a meagre premium of as low as 59 paisa per annum. The scheme aims at benefitting about 2.42 crore students in the state. However, the scheme is limited from August 27 this year to August 26, 2010. The National Insurance Company Limited has been assigned the task to insure over 2.42 crore schoolchildren in the state for the academic year 2009-10. The company was finalised after a tender process.

The government has sanctioned Rs 1.42 crore for the purpose and director, primary education, Pune, has been named as the nodal agency for implementing the scheme across state. The government's decision was hailed in the academic circles. "This is really a good move from the government which will benefit lakhs of students. Nowadays, especially in cities, we hear many students getting injured in mishaps and falling ill due to various diseases.