FinTech

As celebrations go grandeur, festival insurance sees an uptake

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5 months ago

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Mumbai’s GSB Seva Mandal has secured a record-breaking insurance cover of INR474.46 crore this year, the highest ever for any religious festival in India.

Synopsis

Once a niche product, festival insurance is now the hot accessory of the season. With celebrations ballooning, budgets straining and crowds swelling, organisers see insurance less as a formality and more as smart planning.

When it comes to going big on Ganeshotsav, Mumbai’s GSB Seva Mandal doesn’t just stop at the glittering gold and grand rituals. This year, it has bagged a…

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