Cyberabad civic body facilitates India’s first ₹20 lakh claim settlement for SHG member’s kin

The Cyberabad Municipal Corporation facilitated the settlement of a ₹20 lakh insurance claim under the Sehat Suraksha Policy in Hyderabad on Tuesday. | Photo Credit: Special Arrangement The Cyberabad Municipal Corporation (CMC), in association with Indian Bank and Niva Bupa Health Insurance, facilitated the settlement of a ₹20-lakh insurance claim under the Sehat Suraksha Policy in Hyderabad on Tuesday.According to the CMC, the settlement is the first ₹20-lakh claim in the country under the Sehat Suraksha Policy. The claim was settled in favour of Babburi Madhavi, wife of Babburi Raju, a street vendor and self-help group (SHG) member who died in a road accident.Raju was covered under the Sehat Suraksha Policy through an SHG loan extended by Indian Bank’s Microstate Branch in Hyderabad, the