1 August 2024 03:14 pm Views - 1217
He said that life coverage will extend across all types of schools and include students from low-income families earning less than Rs. 180,000 annually.
The Suraksha scheme will cover 4.5 million students, offering health, accident, and life insurance.
Health benefits include up to Rs. 300,000 for in-patient care, Rs. 20,000 for out-patient services and critical illness coverage up to Rs. 1.5 million.
Accident insurance ranges from Rs. 25,000 to Rs. 200,000 covering disabilities. Life insurance provides Rs. 75,000 per child if a parent passes away, with a maximum of Rs. 225,000 per family.
Accordingly, the government has allocated Rs. 7.1 million for the 'Suraksha' student insurance programme for three years.
Following this, the Education Ministry signed an agreement with Sri Lanka Insurance Corporation, with benefits being delivered through an online platform from today.