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Thread: IPL-II insured for $286 mn, Dhoni highest with $10.5 mn

  1. #1
    SB Addict gobind's Avatar
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    Thumbs up IPL-II insured for $286 mn, Dhoni highest with $10.5 mn

    The second edition of Indian Premier League, beginning today here, has

    been insured for $286 million, more than double the amount of Celebrities at

    IPL Season 2 .

    Dhoni's most valuable IPL player

    $125 millionspent last season, owing to terror threats.

    Besides, the whopping sum for overall insurance for the tournament, India

    and Chennai Super Kings captain Mahendra Singh Dhoni has attracted the

    highest individual insurance cover of $10.5 million.

    Sachin Tendulkar, Sourav Ganguly and Yuvraj Singh follow behind Sri Lankan

    Sanath Jayasuriya of the Mumbai Indians commanding the highest price

    among overseas players.

    "The sum assured has been higher this time around with the tournament

    moving overseas," Reena Bhatnagar, deputy general manager of Oriental

    Insurance Corporation (OIC), the IPL's insurers, was quoted by a website.

    "The details of the package are similar to those signed last year, and will

    provide covers not just due to terrorism, but take into account other factors

    like accidents during travel, flights etc as well," she said.

    Bhatnagar said the insurance cover for individual players were decided by the

    franchises and ranged from $2.5 million to $10.5 million.

    "That Dhoni has been placed above Tendulkar or Ganguly, is entirely their

    (franchises') perception. It is the IPL organisers who then decide and provide

    us the values," she said.

    The package takes into account all 120 auctioned players as well as a few

    non-auctioned players. The cost in premiums to the franchises is around

    $430,000 each, the report said.

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    SB ICON Major General rikkuartz's Avatar
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  3. #3
    SB Spearhead Field Marshal Rocky-10's Avatar
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    Thanx for the info..........

    Lucky is the man who is the first love of a woman,
    but luckier is the woman who is the last love of a man.

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