14 April 2009
Panjab University will Provide Rs 2 lakh Health Insurance Cover to Students and Rs 1 lakh cover to their Parents
Panjab University (PU) has decided to provide all its students a health insurance cover of Rs 200,000 from the next academic session.
The University has also decided to provide a separate insurance cover of Rs 100,000 for the students’ parents will also be available from the next session–for both new and old students studying in the campus, reports IANS.
“This was a long pending demand of students and our negotiations were on for a long time. Now all the formalities have been completed and this insurance policy will be implemented from the next session,” PU Students’ Welfare Dean Naval Kishore said.
“It is probably the first time in our country that any university is also covering parents of the students under the insurance scheme. We realised that due to the age factor, parents are more vulnerable to medical problems, so we cannot ignore them. So there is a provision of an insurance cover of Rs 100,000 for them,” he added.
The insurance cover will include both hospitalisation charges and accident risks to students and their parents. Students have to pay a premium of Rs 120 annually, which will be included in their tuition fees.
Established in 1882, PU is one of the oldest universities of the country. It has around 10,000 students studying with girls comprising nearly 70 per cent of total students.