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Monday, April 11, 2011

Oriental provides Rs 34 cr cover to Dhoni, 5 IPL teams

State-owned Oriental Insurance Company has provided highest ever personal accident cover of Rs 34 crore to the captain of Indian cricket team Mahendra Singh Dhoni, who is also the skipper of the IPL team Chennai Super Kings. The cover includes travel risk, medical emergencies and loss of baggage. Last year, he was given an insurance cover of Rs 10 crore. Besides Dhoni, Oriental has provided insurance cover to five IPL teams -- Chennai Kings, Rajasthan Royals, Deccan Chargers, Pune Warriors and Kochi Tuskers Kerala.

Deccan Chargers, winner of the second edition of IPL 2009, have been provided cover of about Rs 98 crore, said an official source. Indian Premier League is starting on Friday and will continue till May 28. This will be the first time that the league will feature 10 teams with the inclusion of Pune Warriors and Kochi Tuskers Kerala. The cash-rich Twenty 20 cricketing extravaganza gets underway at the MA Chidambaram Stadium in Chennai where Dhoni's Chennai Super Kings (CSK) takes on Gautam Gambhir led Kolkata Knight Riders (KKR).Ten teams would contest for the IPL trophy and there will be total of 74 matches.
Oriental Insurance provided an insurance cover of more than Rs 1,000 crore to the Board of Control for Cricket in India (BCCI), the apex governing body and the owners of different franchises in the last edition. There were 8 teams in the last season of the IPL.

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