Kerala: Life Mission houses to get insurance cover of Rs 4 lakh each - NEWS 7 KERALA

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2021, ഫെബ്രുവരി 17, ബുധനാഴ്‌ച

Kerala: Life Mission houses to get insurance cover of Rs 4 lakh each

The state cabinet has decided to introduce an insurance scheme for the houses constructed under the Life Mission project. Each house will have an insurance cover of Rs 4 lakh for a period of three years. The government will pay the premium for the first three years and subsequently the beneficiaries will have to bear the expenses for the premium. The government has decided to provide the insurance cover for 2,50,547 houses for which Rs 8.74 crore will be paid as the premium for the three years.

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