Kochi, Aug. 14 -- The Coconut Development Board (CDB), in collaboration with New India Insurance Company, has launched the modified Kera Suraksha Insurance Scheme for workers in the coconut sector, offering enhanced insurance coverage of up to Rs 7 lakh.
Under the revised scheme, which will come into effect on August 15, 2025, labourers will receive accident insurance benefits, including Rs 7 lakh in the event of death or permanent disability, Rs 3.5 lakh for partial disability, and up to Rs 2 lakh for accident-related medical expenses.
The annual premium payable by beneficiaries has been reduced from Rs 239 to Rs 143, with the Board subsidising 85% of the cost. Beneficiaries need to pay only the remaining 15%, which can be remitted via d...