In a first of its kind move, the Olympics-bound Indian athletes were on Saturday presented life insurance cover worth one crore rupees even as the Indian Olympic Association roped in three sponsors in its quest for financial independence.Edelweiss Tokio Life Insurance of financial conglomerate Edelweiss Group, which will be the principal sponsor of the Indian contingent at Rio Olympics, on Saturday offered the life insurance cover.Besides Edelweiss, the IOA also roped in sporting goods company Li Ning as the apparel partner and Herba Life as the nutrition partner.