The Agricultural and Agrarian Insurance Board says that it has planned to implement a life insurance scheme for technicians engaged in the coconut, palm and kithul industries in this country.
The board says that it has currently planned to implement this accidental life insurance scheme for technicians engaged in these industries, which can be renewed annually.
Under this scheme, insurance covers of Rs. 500,000/-, Rs. 1,000,000 and Rs. 2,000,000 will be available in the event of death and total disability, the Agricultural and Agrarian Insurance Board said.
The board also says that this insurance cover will be provided in the event of temporary disability and hospitalization due to accidents.
The Agriculture and Agrarian Board has planned to provide the opportunity to contribute to this insurance coverage at small annual premium levels such as Rs. 2,000/-, 4,000/-, 8,000/-.