The Insured Premier League
From the pointed end of terrorism to the relatively mundane possibility of lost baggage, the IPL has every eventuality covered
Judhajit
25-Feb-2013
From the pointed end of terrorism to the relatively mundane possibility of lost baggage, the IPL has every eventuality covered. Falaknaaz Syed in the Hindustan Times explains the insurance framework in place for the third season.
As players not bought at one of the auctions generally cost their owners less, the cover is proportionately lower - a Rs 25 lakh to one crore personal accident policy and a Rs 5 lakh medical cover. Finally, there's also a cushion in place for a staging association, in case of any mishap - a stampede, a fire in the stands etc - Rs 10 crore for each of the 60 matches.