<p>Mumbai: In what is a record of sorts in India for a public festival, the GSB Seva Mandal’s Maha Ganapati in Mumbai - known as "richest idol” of Lord Ganesha has been insured for a whopping Rs 400.58 crore.</p><p>The GSB Seva Mandal is located in the King's Circle area of Mumbai and is visited by commoners and celebrities. </p><p>This year, the mandal would mark the 70th year of the public Ganeshotsav celebrations - and the festival at the GSB Seva Mandal would be held for five days September 7 to September 11. </p><p>In 2022 and 2023, the GSB Seva Mandal festivities were insured for Rs 316.40 crore and Rs 360.40 crore, respectively. </p>.TISS student dies in flat after partying with peers previous night in Mumbai .<p>“For 2024, the Ganeshotsav celebrations have been ensured for 400.58 crore,” Amit D Pai, chairman and spokesperson of GSB Seva Mandal.</p><p>However, the trust management has not declared the premium amount.</p><p>The Ganesh idol would be decorated with 66-plus kgs of gold ornaments, 325-plus kgs of silver and other precious items, which are usually donated by the devotees and sevadars. </p><p>The GSB Seva Mandal is the only mandal in the city where the rituals (pooja/archana/seva/annadaan) are performed round-the-clock according to Rigveda and our traditions. </p><p>The total coverage for Rs 400.58 crore is done by the New India Insurance Co Ltd.</p>.Tanmay Bhat's incredible weight loss transformation takes over internet; comedian reveals 'secret' .<p>The break-up of the cover includes Rs 43.15 crores all risk insurance policy covering for a variety of risks that includes gold, silver and jewellery, Rs 2 crore for standard and special peril policy with earthquake risk and it covers furniture, fixtures and fittings, installations like computers, CCTVs, QR code scanners, utensils, grocery, fruits and vegetables. </p><p>A whopping Rs 325 crore is meant for the personal accident insurance cover for volunteers, archaks, cooks, gadis, chappal stall workers, valet parking persons, security guards.</p><p>Rs 43 crore is meant for the standard fire and special peril policy for the venue premises.</p>
<p>Mumbai: In what is a record of sorts in India for a public festival, the GSB Seva Mandal’s Maha Ganapati in Mumbai - known as "richest idol” of Lord Ganesha has been insured for a whopping Rs 400.58 crore.</p><p>The GSB Seva Mandal is located in the King's Circle area of Mumbai and is visited by commoners and celebrities. </p><p>This year, the mandal would mark the 70th year of the public Ganeshotsav celebrations - and the festival at the GSB Seva Mandal would be held for five days September 7 to September 11. </p><p>In 2022 and 2023, the GSB Seva Mandal festivities were insured for Rs 316.40 crore and Rs 360.40 crore, respectively. </p>.TISS student dies in flat after partying with peers previous night in Mumbai .<p>“For 2024, the Ganeshotsav celebrations have been ensured for 400.58 crore,” Amit D Pai, chairman and spokesperson of GSB Seva Mandal.</p><p>However, the trust management has not declared the premium amount.</p><p>The Ganesh idol would be decorated with 66-plus kgs of gold ornaments, 325-plus kgs of silver and other precious items, which are usually donated by the devotees and sevadars. </p><p>The GSB Seva Mandal is the only mandal in the city where the rituals (pooja/archana/seva/annadaan) are performed round-the-clock according to Rigveda and our traditions. </p><p>The total coverage for Rs 400.58 crore is done by the New India Insurance Co Ltd.</p>.Tanmay Bhat's incredible weight loss transformation takes over internet; comedian reveals 'secret' .<p>The break-up of the cover includes Rs 43.15 crores all risk insurance policy covering for a variety of risks that includes gold, silver and jewellery, Rs 2 crore for standard and special peril policy with earthquake risk and it covers furniture, fixtures and fittings, installations like computers, CCTVs, QR code scanners, utensils, grocery, fruits and vegetables. </p><p>A whopping Rs 325 crore is meant for the personal accident insurance cover for volunteers, archaks, cooks, gadis, chappal stall workers, valet parking persons, security guards.</p><p>Rs 43 crore is meant for the standard fire and special peril policy for the venue premises.</p>