FREE INSURANCE COVERAGE

The Society has taken up personal accident insurance coverage for all its members. In the event that a member is involved in an accident and results in death or permanent disability the Insurance Company will pay to the member or his/her nominee an amount equal to whatever the savings the member has with the Society. In addition, the Insurance Company will pay a fixed one time sum of $20,000 on top of the members' savings.

For example:

  
    Subscription
    Specific Deposit Savings
    Total
  

       $3,000.00   
    $1,500.00
         $4,500.00     
  

Besides the refund of $4,500.00 another $24,500.00 shall be payable through Insurance claim.