Mysore/Mysuru: An Accident Insurance scheme of Post Office offers Rs. 10 lakh compensation for the nominee in case of accidental death of the insured at Rs. 520 premium and the public should make use of this scheme, said Govindaraju, the Superintendent of Post Offices Nanjangud Division.
He said that in June 2023, Ravi, husband of Kausalya of Nerale village, coming under Nerale Post Office limits, who had taken the Accident Insurance, died in an accident. As he had made his wife Kausalya as the nominee, Rs. 10 lakh cheque was given to her, which would help her in maintaining the family.
