Mumbai's GSB Seva Mandal has raised its insurance coverage for the 2026 Ganesh Chaturthi celebrations to ₹703.27 crore, up from ₹474 crore in 2025. The festival will feature a Ganesh idol adorned with over 66 kilograms of gold and 335 kilograms of silver ornaments, highlighting the scale of the event and the value of the materials used, according to livemint.com.
The preparations for this year's festivities include securing the idol with extensive insurance to cover its precious metals and associated risks. The increase in insurance coverage reflects the growing value and scale of the decorations. The GSB Seva Mandal has taken these measures to ensure the safety and security of the idol during the public celebrations, as reported by livemint.com.
The Ganesh Chaturthi festival is a major cultural event in Mumbai, attracting large crowds and significant public attention. The use of 66 kg of gold and 335 kg of silver in the idol's decoration is notable for its extravagance and tradition. The insurance coverage of ₹703.27 crore is among the highest for such religious events, underscoring the importance placed on protecting valuable religious artifacts during large-scale public festivities, per livemint.com.
The GSB Seva Mandal's insurance coverage for the Ganesh idol stands at ₹703.27 crore for the 2026 celebrations, marking a substantial increase from the previous year. This figure represents the financial commitment to safeguarding the idol adorned with precious metals during the festival, as detailed by livemint.com.