On October 15, 2018, the Shri Mata Vaishno Devi Shrine Board (SMVDSB), in its 63rd meeting, approved to enhance free accident insurance cover provided to pilgrims visiting Vaishno Devi shrine in Jammu and Kashmir. The decision was taken at the Raj Bhavan in Srinagar under the chairmanship of J&K Governor and chairman of SMVDSB, Satya Pal Malik. Under this, the accidental cover extended to each pilgrim free of cost has been enhanced to Rs 5 lakh from Rs 3 lakh, after 8 years. This will be available to pilgrims, who avail the services of the upcoming Passenger Ropeway between Bhawan and Bhairon Ghati. The premium on providing insurance cover to the pilgrims will be borne by the Shrine Board.