Falguni Pathak's insurance cover sees a drastic decline from Rs 1.2 crore last year to Rs 4 lakh this year because there is a lesser threat
Falguni Pathak's insurance cover sees a drastic decline from Rs 1.2 crore last year tou00a0 Rs 4 lakh this year because there is a lesser threat AA rudi ne rangilli re...: Falguni Pathak performing during Navratri festival last year
Falguni Pathak enjoys soaring popularity among the masses, but this Navratri, the dandiya queen is the cheapest when it comes to insurance cover.
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Falguni and her troupe of 24 performers have been insured for Rs 1 crore Rs 4 lakh each a drastic decline from her individual insurance amount of Rs 1.2 crore, the highest for any dandiya singer, last year.
Her competitors Preeti and Pinky have been insured for Rs 41 lakh more than 10 times the insurance enjoyed by Falguni.
Lesser threat
Devendra Joshi, organiser of Sankalp Dandiya Utsav where Falguni performs, confirmed the news, but refused to pinpoint recession as the cause. "An insurance advisor advises us on the amount.
Last year, he had suggested a bigger amount because of the possibility of a terror attack. This year, he has recommended a blanket insurance cover for the performers because there is a lesser threat."
K G Rao, COO, Future Generali India Insurance Company, which has provided insurance cover to Sankalp explained, "We have insured the mandal for Rs 1.97 crore.
This includes Rs 1 crore for the troupe, Rs 50 lakh for assets in case of burglary or terror attack, and Rs 25 lakh for participants."
The remaining amount is insured for the transfer of cash from the pandal at Goregaon to the Sankalp office at Vile Parle, a distance of nearly 20 km. Approximately 15,000 people attend the Sankalp event on weekdays and 20,000 during weekends.
Other big mandals like the Dandiya Utsav with Nilesh Thakkar and Beat 16 Band at Kora Kendra, Borivli, are insured for Rs 4.96 crore one of the highest insured navratri mandals.
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The Rangeelo Raas Dandiya at Andheri with Preeti-Pinky has been insured for Rs 4.30 crore. The nine-day festival starts tomorrow.
Taking No Chances
To prevent any untoward incident, mandals have beefed up security.
Pankaj Kotecha of Kora Kendra Dandiya said they have installed CCTVs at every corner of the ground to keep a watch on suspicious activities during the festival.
Devendra Joshi of Sankalp said, "The police and the bomb squad will inspect the venue every day. We will hold the event only after getting a safety assurance from the police."
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