10-01-2009, 10:15 PM
Naxal leader has Rs 1crore cover
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->The PCPA leader's alleged Rs 1 crore insurance policy has raised eyebrows. For someone of Mahato's age (if he had bought the policy recently), the annual premium could be Rs 15 lakh for a 15-year policy, Rs 8 lakh for 20 years, or Rs 7-7.5 lakh if it were for 25 years.
The question is, how did Mahato manage to pay such a hefty amount? The Class XII passout is a dealer in saal leaves and has an ancestral property â a 15-bigha plot â in Amliya village of Lalgarh. The annual income from all this taken together would not be more than Rs 2 lakh. <!--QuoteEnd--><!--QuoteEEnd-->
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->The PCPA leader's alleged Rs 1 crore insurance policy has raised eyebrows. For someone of Mahato's age (if he had bought the policy recently), the annual premium could be Rs 15 lakh for a 15-year policy, Rs 8 lakh for 20 years, or Rs 7-7.5 lakh if it were for 25 years.
The question is, how did Mahato manage to pay such a hefty amount? The Class XII passout is a dealer in saal leaves and has an ancestral property â a 15-bigha plot â in Amliya village of Lalgarh. The annual income from all this taken together would not be more than Rs 2 lakh. <!--QuoteEnd--><!--QuoteEEnd-->