Insurance to Nominees:MMahasemam
Trust has tied up with insurance companies like Life Insurance corporation of India, to provide insurance cover to its clients,staffs and cattle.Mahasemam has covered insurance to its 14,88,820 clients.If the client diseased, the Organisation Paid to client’s spouse / nominee, RS.66,80,000/- with the help of Insurance companies.Whereas 668 familes has got Rs.10,000/- each . .
All Staff were covered insurance both life and accidental benefit scheme. We deeply regret to our employee MR.P.Marimuthu-FDO was expired on 04.07.2016. The Family Members Were Suffered and Struggled the Sudden Diminish of Mr.Marimuthu.We Settled his PF,Gratuity and Insurance amount of the maximum claim of Rs.1,00,000/- (one lakh rupees) through IFFCO-TOKIO Insurance Company.The amounts Were Distributed Through Mr.H.Sivananthan, Trustee to Mr.P.Marimuthu’s Parents.
Mahasemam has tie up with Insurance Company, to provide insurance to Cattle. The Insurance coverage for cattle is up to 3 years and the maximum claim amount is Rs.25,000/- (Rupees Twenty Five thousand). Mahasemam also arranged to get cattle loan subsidy up to Rs.1154 to member’s benefit.