Monday, January 09, 2006

Insurance cover for ‘tomb’

Non life insurance cover is on the rise. People are becoming increasingly aware of insurance and they do not want to limit themselves by insuring only lives. Here is an example of a family that has insured a tomb called as ‘Karuvely’, which is situated at the premises of the St Dominic’s Syro Malabar Catholic Church, Kerala. The tomb policy is offered by the stated owned general insurance company, United India. The tomb is insured for Rs 1,00,000 for a premium of Rs 550 a year. The policy offers coverage against vandalism, earthquake and other natural calamities.

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