Insurance

MMahasemam Trust has tied up with insurance companies like Life Insurance Corporation of India, New India Assurance Company and United India Insurance Company Limited to provide insurance cover to its clients, staffs and cattle.Mahasemam has covered insurance to its 14,87,88 clients. If the client diseased, the Organisation paid to client’s spouse / nominee, Rs.30,000/- with the help of Insurance companies.So for, Mahasemam has arranged to settle Rs.78.45000 Lakhs, to 239 poor women’s family till 31st March 2017. Whereas 224 families has got Rs.30,000/- each and 15 family has got Rs.75000/-. .

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 . .

Staff Insurance

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.

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Animal Insurance

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.