The Ganesh puja season is an annual opportunity for general insurance companies to rake in business. The pandal insurance cover extends from the festival kick-off till the immersion of the idol. The business is typically serviced by the four public sector general insurance companies -- National Insurance Company, New India Assurance, Oriental Insurance Company and United India Insurance Company. “Mostly pandals for all festivals — Ganesh, Durga Puja and even Diwali besides others—are serviced by the public sector insurers. “The festival season is a good time for us as it helps the public sector companies to garner a lot of premium,” said an executive of a public sector insurance company.

Source: Hindustan Times September 05, 2016 12:56 UTC