A six-month long home season seems to have taken its toll on the Indian team cricketers with as many as six of them nursing injuries. The subsequent IPL absence is a trickle-down effect. According to the BCCI release, Virat Kohli, Ravindra Jadeja and Umesh Yadav will miss a segment of the IPL 10, while R Ashwin, Murali Vijay and KL Rahul are ruled out of the tournament. The BCCI’s player insurance for the IPL, however, will properly compensate the injured national players.
What is IPL player insurance?
It’s an insurance policy for all the centrally contracted players. The scheme had been introduced before the fourth edition of the tournament, following a discussion between then BCCI secretary N Srinivasan and the Indian team players. It compensates the players in case of IPL non-appearance/unavailability because of injury/accident and illness/sickness.
Who are eligible?
If a contracted player picks up an injury while playing for the country and misses the IPL fully or partially, he comes under the insurance scheme and becomes eligible for compensation.
How much does the BCCI spend for the IPL player insurance?
Alliance Insurance is the BCCI’s insurance partner and the total sum insured for 30 players— centrally contracted and also part of the IPL— this term is Rs 128.7 crore. The cricket board pays a premium in excess of Rs 4 crore.
Source:
http://indianexpress.com/article/sp...g-the-ipl-dont-lose-out-on-big-money-4595728/
Well, whatever you say about N Srinivasan, he has done loads of good work for the Indian cricketers both past and present, mandating pensions for all the retired cricketers apart from the big one-time lump sum payment changed the lives of retired cricketers and now this IPL insurance policy takes care of the present cricketers and makes sure that everyone gives 100% to the country in the Internationals without worrying about IPL contract.