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News > Rubber Board Implements Insurance Scheme for Tappers >
   

Rubber Board Implements Insurance Scheme for Tappers
Kottayam
12 December 2012

The Rubber Board propose to implement a ‘Group Life Insurance Cum Terminal Benefit Scheme’ in collaboration with the Life Insurance Corporation of India for the benefit of the tappers working in the smallholding sector. The members of this scheme are eligible for benefits like insurance cover (both for natural and accidental death), compensation for disabilities due to accidents, terminal benefits and scholarship to the children of members studying from class 9 to 12.
The tappers in the age group of 18-59 years working in small holdings of area not less than 0.80ha, and not working under the plantations labour Act 1951, are eligible to apply. The tappers have to renew their membership in the Policy every year and failing which they will not be eligible for insurance benefits. The minimum contribution for membership in the scheme is Rs. 300 per year. Those who want additional terminal benefits can contribute more. The Rubber Board contribution of Rs.200 will also be added to the terminal benefit of each member. The employer can also contribute an additional amount for his tapper.
The application forms will be issued from the regional offices of the Board. Tappers should submit the applications along with the contributions at the concerned regional offices, before 31 January 2013. The payment for the contribution to this scheme may be made either by cash or by Demand Draft / Postal Order drawn in favour of the Dy. Rubber Production Commissioner or Development Officer in charge of the regional offices concerned.
Details of the scheme are available from the regional offices.
   

  
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