How to Join
Any life member of IMA KSB upto the age of 65 years can join. Both temporary & permanent disability included. No pre-joining Health Checkup required.
Benefits of the Scheme
Low Annual Renewal amount.
Both Temporary & Permanent disability is covered.
Temporary Disability: If a member is rendered
disabled for >6 months.
Permanent Disability: If disability persists for > 1 year.
(Disability ascertained by a Medical Board constituted by IMA KSB)
No limit of Disability disbursal claims in a year.
Death Benefit: If no disability claim – a Lumpsum
amount of Rs.50,000/- to nominee.
Membership Fee
A.
B. Annual Subscription Rs.1000/- + Additional Fee Rs.200/- Total amount payable at admission: A+B
| Admission Fee | Additional Fee | Total | ||
|---|---|---|---|---|
| Group I | 60-65 Yrs | Rs. 15000/- | Rs. 3000/- | Rs. 18000/- |
| Group II | 40-59 Yrs | Rs. 10000/- | Rs. 2000/- | Rs. 12000/- |
| Group III | Below 40 Yrs | Rs. 5000/- | Rs. 1000/- | Rs. 6000/- |
B. Annual Subscription Rs.1000/- + Additional Fee Rs.200/- Total amount payable at admission: A+B