Dear Members & Viewers,
Students face a big challenge in completing their education in case of death of the head of the family or their financial provider. To ensure that such students complete their education without any interruption, the Maharasthra Government is working on an insurance scheme for students pursuing higher and technical education courses.
Commenting on this, Rajesh Tope, Higher and Technical Education Minister said that the scheme will be applicable to all professional degree and diploma courses like MBA, hotel management, engineering, pharmacy, that fall under the purview of his ministry.
Giving details of this insurance scheme, he added, "In case of death of a student's guardian or the head of the family, Rs 4.5 lakh will be given, whereas, in case of the death of a student, the family will get Rs 1 lakh."
Once the scheme is introduced, a nominal insurance premium will have to be paid by the students or the college itself can pay for it from their 'Students Welfare Fund' to Life Insurance Corporation of India (LIC).
......EDITOR
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