LIC GROUP INSURANCE SCHEME: Your Society has implemented Comprehensive LIC Group Insurance Scheme. Under the Scheme, all the loanee members are insured to the extent of maximum of Rs. 10,00,000/-. As on date families of 148 deceased loanee members have availed the Group Insurance Claim amounting to Rs.1,59,67,516/-. For the Co-operative year 2019-2020, the Insurance company hassettled 15 claims of LIC Group Insurance amounting to Rs. 29,27,830/-
INDIA FIRST LIFE INSURANCE: Your society has also tie up with India First Life Insurance Company Ltd which covers all type of loanee members upto Rs. 50 lakhs.
