Edelweiss Group firm Edelweiss Tokio Life Insurance is offering a life cover of Rs 1 crore for each athlete representing India at the Rio Olympics.
The Indian Olympic Association (IOA) today announced that Edelweiss Group will be its principal partner for Rio 2016.
IOA also announced bollywood star Salman Khan as the brand ambassador of the Indian contingent.
“Edelweiss Group announced a life Insurance cover of Rs 1 crore for all the athletes representing India at the Rio Olympics 2016 by Edelweiss Tokio Life Insurance, the life insurance joint venture of the group,” Edelweiss Tokio Life said in a release today said.
Till date, 75 Indian athletes in eight disciplines have qualified for the Olympics and many more are likely to qualify in the next two months.
The announcement was made here in the presence of Olympic medalist M C Mary Kom and Rio Olympics qualified athletes Sardar Singh, captain of India men’s hockey team and Ritu Rani, captain of India women’s hockey team.
“The Olympics is an institution, which brings together people from all walks of life, breaks down boundaries and lays a strong foundation based on mutual trust and respect”, said Rujan Panjwani Executive Director of Edelweiss Financial Services.