Beginning with the T20 World Cup, all cricketers (men and women's team), officials, managers, physiotherapists, and backup staff will see their personal accident insurance cover going up from Rs 10 lakh to Rs 2.5 crore.
Till now, the Board of Control for Cricket in India (BCCI) used to buy personal accident cover for their players and staff for Rs 10 lakh each. However effective May 28, the BCCI has hiked the value of insurance covers to Rs 2.5 crore.
Personal accident policy covers the insured against accidental injuries, partial and permanent disability and accidental death. On the same lines, the BCCI also buys overseas mediclaim insurance policy which includes cover against hijack, baggage loss and emergency hospitalization for $25,000 (Rs 12.5 lakh).
Ratnakar Shetty, the Chief Administrative Officer of the BCCI told Hindustan Times that, "The ICC, for their events, have a certain guideline that the minimum insurance cover should be $5 lakh. We have decided to have similar value of insurance for our players for all international matches. The decision will be effective from T20 World Cup to be played in England." There are 15 players and 10 officials in the men's team and 15 women players and four officials in the women's team.