Financial Daily from THE HINDU group of publications Thursday, Jan 08, 2004 |
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Money & Banking
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Life Insurance Pravasi insurance counter at NIC Our Bureau
THIRUVANANTHAPURAM: The Labour Minister, Mr Babu Divakaran, on Tuesday inaugurated the agency counter set up by the divisional office of the National Insurance Company to vend the Bharatiya Bima Yojana policies to those going abroad for employment. The agency counter is ideally located, thanks to the proximity to the Office of the Protector of Immigration at Thycaud here, according to Mr M.P. Ramkumar, Senior Divisional Manager, National Insurance Company. In his speech delivered at the inaugural ceremony, the Labour Minister opined that the benefit of this unique insurance policy should be extended to all `pravasis' in foreign locations, and not just to those who leave these shores for employment. He intended to take up this issue in New Delhi where he would attend the annual Pravasi Bharatiya Divas celebrations scheduled to be held from January 9 to 11. The Prime Minister, Mr Atal Bihari Vajpayee, will inaugurate the celebrations. Mr B. Vivek, President of All-Kerala Recruiting Agents Association, spoke on the occasion.
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