Ujire: The “Jeevan Madhura” (Life Insurance) Policy was best suited to provide maximum protection at minimum premium rates for all those families, poor or lower-middleclass, who remain deprived of a life cover economically, for one reason or other, said LICI executive director Hemant Bhargava, on Thursday at Dharmasthala, in a meeting held at Sannidhi Auditorium.

The occasion honoured all those 14 agents who helped to maximize “Jeevana Madhura (JM) policies popularized among Dakshina Kanndada people with active assistance coming from RUSET towards LICI.

The Rural Development scheme of Dharmasthala has given the highest boost to this particular policy in the entire country, Bhargava observed happily.

Dharmadhikari Dr. D.Veerendra Heggade presided on the joyous occasion. He found many citizens in India still remained ignorant of life assurance policies useful to them.

Insurance is necessary against cruel accidents and natural disasters, happening unexpectedly.

Insurance is like an umbrella held up both for rains and heat. We keep the umbrella away, when it is not required in mild sunshine. Otherwise, we bring it out under need, he added.

In Rudset, 4.75 lakh life insurance policies are at work for Rs.500 crores, and the target would be raised to 2 lakh more such policies. Dr. Heggade informed, while releasing a new refined/value added JM policy.

As many as 14 persons who worked in the field were honoured. Insurance relief payments were made to 3 persons on the occasion.

LIC Hyderabad sector manager Veerabhadra Rao and Krishna Kulkarni were present. Rudset director Jaishanker Sharma welcomed the gathering LIC divisional manager N.S. Shirahatti thanked.

About 16 cricket teams will participate in a cricket league tournament on Dec 3 at the Ratnavarma stadium in Ujire under ‘floodlight’ play programme, organised by Yuva Jain Maitri Koota of Bangalore.