MUMBAI: The highly-anticipated live concert of music maestro AR Rahman has been insured for 40 million by an insurance company. The concert will be held on 26 May at DY Patil stadium in Navi Mumbai.
The insurance policy will cover various event contingencies such as fire and allied perils, and personal accident cover for crew and audience. The premium for the event insurance will range between 0.20-0.50 percent of the sum insured.
“The average cover for such events is Rs 5 million to Rs 50 million. The policy covers the event against calamity such as fire, personal accident etc,” states the company.
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The insurance company has insured various entertainment events like Kaun Banega Crorepati, Lalbaugcha Raja during Ganeshotsav and movies like Zindagi Na Milegi Dobara.
