The second edition of Indian Premier League has been insured for USD 286 million, more than double the amount – USD 125 million – spent last season, owing to terror threats.
Besides, the whopping sum for overall insurance for the tournament, India and Chennai Super Kings captain Mahendra Singh Dhoni has attracted the highest individual insurance cover of USD 10.5 million.
Sachin Tendulkar, Sourav Ganguly and Yuvraj Singh follow behind with Sri Lankan Sanath Jayasuriya of the Mumbai Indians commanding the highest price among overseas players.
The insurance cover for individual players were decided by the franchises and ranged from USD 2.5 million to USD 10.5 million.
The loss of baggage cover means that players will be paid the cost of their belongings, in case they lose them during the course of the tournament.
The policies will be effective from the time the players leave for the 47-day tournament, to be staged from April 18-May 24, till they return home.
