Steam Life Care
Steam is a Multi Level marketing programme promoted by M/s.SEVAK HEALTH CARE SERVICES private Ltd., a company registered under the Companies Act, 1956, with its Head Office at Changanacherry, a histrorical township in the District of Kottayam in Kerala state. The Company is a leading distributor of Insurance products of prominent General Insurance Companies.
Associate Insurance companies-United India Insurance company Limited, National Insurance Company Ltd. New India Assurance Company Limited. Bajaj Allianz Insurance Company Limited.
Tailor made policies specially designed for and marked exclusively by Sevak Health Care Services.
Over 50000 Marketing executives all over Kerala.
Customer base of over six lakh.
Claim settlements over Ruppes 1.25 crore.
Highly acclaimed charity programme –Free Meals, Medical camps, Eye donation, Blood donation and financial aid.
All these achieved within a short span of THREE YEARS. Growing stronger to scale more heights.
We have opened up a new gateway to success - The - MLM BUSINESS Join and get started on this right path to an enduring business opportunity and achieve your ambitions.
COMPANY
Sevak Health Care Services started functioning on the 15th of July 2003, captained by an young and energetic team with the objective of improving the quality of people's lives by : • providing protection against spiraling cost of health care through General Insurance• providing training and an opportunity to it's consultants to grow into successful business entrepreneurs.•To give a helping hand to the poor and needy people through charity programme.
Sevak Health Care services P Ltd. has carved for itself an apex position within a short span of Three years as an insurance provider in association with United India Insurance Co.Ltd., M/s. Bajaj Allianz General Insurance Co. Ltd., and New India Assurance Co.Ltd., National Insurance Co. Ltd. all prominent names in the field of General Insurance. Insurance policies specially tailor made for Sevak Health Care Services has been well accepted by the public. Backed by over 50000 marketing executives, a customer base of over six Lakh, claim settlements of above Rupees 1.25 crore, A management team of professionals, Sevak Services has had it's name written in letters of gold in the minds of all associated with it. With "selfless service" as its guiding mantra, Sevak Service is on the right path to becoming a well deserved success story
Our-Vision•Health care protection through Insurance.• Income generation opportunity for all.• providing latest technology/high quality health care products at low cost• providing training and an opportunity to it's consultants to grow into successful business
Awards• BEST PERFORMANCE AWARD in the year 2004 for the Best Distributor of Insurance Policies from BAJAJ ALLIANZ GENEREAL INSURANCE Co.Ltd..• EXCELLENT PERFORMANCE AWARD in the year 2005 for OUTSTANDING PERFORMANCE in distribution of Insurance Policies from UNITED INDIA INSURANCE Co.Ltd..
Our MissionTo meet the needs and improve the quality of people's lives by• providing protection against spiraling cost of health care through General Insurance• providing latest technology/high quality health care products at low cost• providing training and an opportunity to it's consultants to grow into successful business entrepreneurs.
INAUGURATION
On the 15 th of November 2003, our programme was officially inaugurated by the Honorable Minister for Rural Development, Sri. C.F.Thomas.
MEDICLAIMTransport Minister Mathew. T. Thomas giving the MEDICLAIM Rs. 1,50,000/- to the father of Late George Tellenson in Kumbalangi at Eranakulam
KAIRALI HEALTH CARD Kairali Health Card, the discount card issued to our customers was released by cine Artist Sri.Krishna Prasad on the 15 th of November 2003
SEVAK AROGYA DARSAN On the 26 th of January, 2004 our first charity project, the " Free Meals" programme was inaugurated by Sri.K.K.Shaju (M L A - Pandalam).
BULLETIN "LIFE CARE " the official Bulletin of Sevak Health Care Services published monthly, was inaugurated on the 27 th of May 2006 by Sri. Chickus Sivan., the famous artist.
"Relief Fund " Changanacherry Municipal Chairman Adv. P.Raveendranath Giving the Relief Fund Rs. 5000/-
SEVAK AROGYA DARSAN. "Free Meals" programme of feeding over 500 patients of Alappuzha Medical College once a week , which the Company still pursues, was inaugurated on the 18 th of March 2004, by Managing Director Sri.Zacharia M.U.Continuing programme of Free food distribution to the patients of Alappuzha Medical College.Over 1,00,000 fed so far. Free distribution of 10 kgs of Rice to over 1000 people in various Panchayaths.
REGIONAL CONFERENCE Alappuzha region conference held on 5 th June, 2004 was inaugurated by Honorable Minister for Tourism, Sri.K.C.Venugopal.
INSURANCE CLAIM Cheque for Rs.1,00,000.00 as compensation for accidental death of Sri.Sivadasan of Alappuzha, our customer, was handed over to his widow Smt. Valsala by Sri.R.V.Pai, Divisional Manager, United India Insurance Co.Ltd., on 5 th June, 2004.
ACCIDENT INSURANCE CLAIMSRupees One Lakh accident death claim settled by United India Insurance Company was handed over to the widow of Late Sri. Raveendran Nair of Chengannur.
REGIONAL CONFERENCE Kochi Regional Conference being inaugurated by Honorable Minister for Sports & Fisheries, Sri. Dominic Presentation on 18 th September , 2004.
CHARITTY PROGRAMME Sevak Eye Donation Programme inaugurated on the 25 th of September 2004 by His Holiness Mar Joseph Perumthottam, Bishop of Changanacherry, by submitting his willingness to donate his eyes on his demise.
Enrolled 5000 people under the programme targets 10000 by 2006 Boold doners forum of over 5000 members has donated bood to over 1000 patients.
SEVAK AROGYA DARSAN. Free medical camp with attendance of over five hundred people, donation of education kits to school going children were the highlights of the function held at Ramakary Panchayath, inaugurated by Kuttand M .L .A. Dr.K.C.Joseph on 31 st October, 2004.
SEVAK AROGYA DARSAN. "Tsunami" relief programme for the people of Chellanam, Kochi was inaugurated by His Holiness Mar Joseph Powathil, Arch Bishop of Changanacherry on the 31st of December , 2004.Utensils and blankets were distributed to 200 people of the affected area.
NEW INDIA ASSOCIATION Inauguration of Insurance Policies of New India Assurance Co. Ltd., by Rev.Fr.Martin Thaiparampil on the 31 st December,2004.
NEW OFFICE PREMISES We moved to a new, spacious premises on the 5 th of March, 2005. The lamp being lit by Smt.Thankamma Thomas in the presence of Smt. Krishnakumary Rajasekharan, Chairperson , Changanacherry Municipality.
ROAD SAFETY SEMINARMr. B.Krishnakumar, Circle Inspector of Police conducted a class on "Road Safety Measures" at the seminar conducted at the seminar Hall of our Head Office on 15-03-2005.
Bajaj Alliance Best Performance Award Receiving the best performance award in the year 2004 for the best distributor of the Insurance Policies from Bajaj Alliance General Insurance Co. Ltd, by Mr. M.V. Zakaria, Managing Director from the zonal manager, on July 5th 2005.
United India Excellence Performance Award Excellence Performance Award in the year 2005 for outstanding performance award in distribution of insurance policies from United India Insurance Co. Ltd.Presented by the Changanacherry Branch Manager Mr.Thomas Raj.
PRODUCTS
LIFE CARE MEMBERSHIP SCHEME
Health and Accident Insurance protection.
Financial Aid from Relief Fund.
Long term income earning opportunity.
World-wide Membership sponsoring opportunity
Personal web page.
Opportunity to participate in Social Service activities.
Opportunity to participate in “Personality Development” seminars.
Membership in Blood Donation Forum.
Membership in Eye Donation Forum.
I. MEMBERSHIP SCHEME TYPE -B (Single Person) ■ Eligibility : Indian Citizen ■ Entry Age : 56 Years Upto 70 Years ■ Membership fee : 1600.00 (Non-Refundable) MEMBERSHIP BENIFITS A. Accident Insurance Policy
Insurance Period : 1 Year
Age : 56 Years upto 70 Years
ROAD ACCIDENT INSURANCE COVERAGE
SUM ASSUARED(Maximum)
Section 1. Actual Hospitalisation expenses for Road accidents Involving Registered Motor Vehicles.
Rs. 1,00,000.00
Section 2. Disability compensation for loss of one arm or leg or eye due to Road accident involving Registered Motor vehicles
Rs. 50,000.00
Section 3. Disability compensation for loss of two arms or legs or eyes due to Road accident involving Registered Motor vehicles
Rs. 1,00,000.00
Section 4. Compensation for death due to Road accident involving Registered Motor vehicles
Rs. 1,00,000.00
B. Financial Aid From Relief Fund On natural death of a Member the following Benefits accrue to his/her family members.
1. Death relief
Rs. 5,000.00
2. Ambulance charge ( if hospitalized at the time of death)
Rs. 1,000.00
3. Education aid ( Rs.2500.00 for 2 children)
Rs. 5,000.00
4. Marriage aid ( towards marriage of one daughter)
Rs. 5,000.00
5. Widow pension ( Rs.250.00 per month for 12 months)
Rs. 3,000.00
6. S-Team Life care Membership for Nominee
Free
Conditions : 1. Produce copy of Death Certificate. 2. Education aid – proof of education from school / college. 3. Marriage aid – for marriage of one daughter during the remaining period of Membership of the deceased – produce proof of marriage.
C. Long term income earning opportunity (Refer details under “Business Plan”). D. World-wide Membership sponsoring opportunity. E. Personal Web Page. F. Opportunities to participate in social service activities. G. Opportunities to participate in "Presonality developmen" seminars. H. Membership in Blood Donation Forms. I. Membership in Eye Donation Forums.
II. MEMBERSHIP SCHEME TYPE - G (Single Person) ■ Eligibility : Indian Citizen ■ Entry Age : 18 Years and above Upto 65 Years ■ Membership fee : 1600.00 (Non-Refundable) MEMBERSHIP BENIFITS A. Accident And Healthcare Insurance Policy (Insurance can be provided to dependet children of the member aged from 5 years and above)
Insurance Period : 1 Year
Age : 18 Years and above upto 65 Years
INSURANCE COVERAGE
SUM ASSUARED(Maximum)
1. MEDICLAIM - Hospitalisation expences for illness.
Rs. 10,000.00
2. ACCIDENT MEDICLAIM - Hospitalisation expences for any accident.
Rs. 10,000.00
3.ROAD SAFETY Section 1 - Actual Hospitalisation expenses for Road accidents Involving Registered Motor Vehicles.
Rs. 1,00,000.00
Section 2 - Disability compensation for loss of one arm or leg or eye due to Road accident involving Registered Motor vehicles
Rs. 50,000.00
Section 3 - Disability compensation for loss of two arms or legs or eyes due to Road accident involving Registered Motor vehicles
Rs. 1,00,000.00
Section 4 - Compensation for death due to Road accident involving Registered Motor vehicles
Rs. 1,00,000.00
4.PERSONAL ACCIDENT Section 1 - Disability compensation for loss of one arm or leg or eye.
Rs. 50,000.00
Section 2 - Disability compensation for loss of Two arms or legs or eyes or combination thereof.
Rs. 1,00,000.00
Section 3 - Compensation for Death caused by accidents
Rs. 1,00,000.00
SUMMARY OF INSURANCE BENIFIT
SUM ASSUARED(Maximum)
1. MEDICLAIM - Hospitalisation expences for illness.
Rs. 10,000.00
2. ACCIDENT MEDICLAIM - Hospitalisation expences for any accident.
Rs. 10,000.00
3. ROAD SAFETY Section I - Hospitalisation expences for accidents involving Registered Motor vehicles.
Rs. 1,00,000.00
4. ROAD SAFETY + PERSONAL ACCIDENT Section I - Disability compensation for loss of one arm or leg or eye.
Rs. 1,00,000.00
Section II - Disability compensation for loss of Two arms or legs or eyes or combination thereof.
Rs. 2,00,000.00
Section III - Compensation for Death due to accidents.
Rs. 2,00,000.00
B. Financial aid from relief fund (Refer details furnished above) C. Logn-term income earning opportunity (Refer details under "Business Plan"). D. World Wide membership sponsoring opportunity . E. Personal Web Page . F. Opportunities to participate in social service actitivities. G. Opportunities to participate in "Personality Development Seminars" H. Membership in Blood Donation Forms. I. Membership in Eye Donation Forums
III. MEMBERSHIP SCHEME TYPE - NF (Single Person) ■ Eligibility : Indian Citizen Employed Abroad (NRI) ■ Entry Age : 18 Years and above Upto 70 Years ■ Membership fee : 2000.00 (Non-Refundable) MEMBERSHIP BENIFITS A. NRI Accident Protection Policy (Where an NRI is already insured under the scheme, Insurance can be provided to his/her wife/ hasband/ or dependent child aged 5 years and above.)
Insurance Period : 1 Year
Age : 18 Years and above upto 70 Years
INSURANCE COVERAGE
SUM INSURED (Maximum)
First Insured
Husband / Wife
Child
1. NRI Accident Policy
a. Death due to accident
Rs. 10,00,000.00
Rs. 5,00,000.00
Rs.3,00,000.00
b. Permanent total disablement due to accident
Rs. 10,00,000.00
Rs. 5,00,000 .00
Rs.3,00,000.00
c. Loss of 2 limbs or 2 eyes OR one 1 limb and one eye due to accident.
Rs. 10,00,000.00
Rs. 5,00,000 .00
Rs.3,00,000.00
d. Loss of 1 limb or 1 eye due to accident
Rs. 5,00,000.00
Rs. 2,50,000.00
Rs.1,50,000.00
e. Actual expences incurred following death ( occurring in a foreign country due to accident or sickness only) including carriage of dead body to India
Rs. 50,000.00
Rs. 50,000.00
Rs.50,000.00
f. Actual cost of Air tickets for the insured person and to and fro Air tickets for one person accompanying him in case an insured person is brought to India alive (for treatment or otherwise) following an accidental injury abroad and if a valid claim is admitted by the Insurance Company under item a or b or c or d of this table.
Rs. 50,000.00
Rs. 50,000.00
Rs.50,000.00
g. Education Fund ( in case of one or more dependent children aged up to 23 years ) if a valid claim is admitted by the Insurance Company under item a or b or c or d of this table.
Rs. 5,000.00
Rs. 5,000.00
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h. Medical expences following an accident and incurred in India ( if a valid claim is admitted by the Insurance Company under item a or b or c or d of this table).
Rs. 10,000.00
Rs. 10,000.00
Rs.5,000.00
2. ROAD SAFETY POLICY
a. Actual hospitalization expences incurred following an accident involving Registered Motor vehicles and incurred in India
Rs. 50,000.00
Rs. 50,000.00
Rs. 50,000.00
b. Death due to accident
Rs. 50,000.00
Rs. 50,000.00
Rs. 50,000.00
c. Loss of 2 limbs or 2 eyes OR 1 limb and 1 eye due to accident
Rs. 50,000.00
Rs. 50,000.00
Rs. 50,000.00
d. loss of 1 limb or 1 eye due to accident
Rs. 25,000.00
Rs. 25,000.00
Rs. 25,000.00
B. Financial aid from relief fund (Refer details furnished above) C. Logn-term income earning opportunity (Refer details under "Business Plan"). D. World Wide membership sponsoring opportunity . E. Personal Web Page . F. Opportunities to participate in social service actitivities. G. Opportunities to participate in "Personality Development Seminars" H. Membership in Blood Donation Forms. I. Membership in Eye Donation Forums
IV. MEMBERSHIP SCHEME TYPE - NF 2 (Two Persons) ■ Eligibility : Indian Citizen Employed Abroad (NRI) and his/her wife/hasband Or one independent child ■ Entry Age : 18 Years and above Upto 70 Years ■ Membership fee : 3800.00 (Non-Refundable) MEMBERSHIP BENIFITS A. NRI Accident Protection Policy (Where an NRI is already insured under the scheme, Insurance can be provided to his/her wife/ hasband/ or dependent child aged 5 years and above or two dependent children aged 5 years and above.)
Insurance Period : 1 Year
Age : 18 Years and above upto 70 Years
INSURANCE COVERAGE
SUM INSURED (Maximum)
First Insured
Husband / Wife
Child
Refer details furnished in Table above underIII . MEMBERSHIP SCHEME - TYPE : NF
B. Financial aid from relief fund (Refer details furnished above) C. Logn-term income earning opportunity (Refer details under "Business Plan"). D. World Wide membership sponsoring opportunity . E. Personal Web Page . F. Opportunities to participate in social service actitivities. G. Opportunities to participate in "Personality Development Seminars" H. Membership in Blood Donation Forms. I. Membership in Eye Donation Forums
V. MEMBERSHIP SCHEME TYPE - NF 3 (Three Persons) ■ Eligibility : Indian Citizen Employed Abroad (NRI) and his/her wife/hasband AND one independent child age of five years above OR two dependent children ■ Entry Age : 18 Years and above Upto 70 Years ■ Membership fee : 5700.00 (Non-Refundable) MEMBERSHIP BENIFITS A. NRI Accident Protection Policy (Where an NRI is already insured under the scheme, Insurance can be provided to his/her wife/ hasband and two dependent children aged 5 years and above.)
Insurance Period : 1 Year
Age : 18 Years and above upto 70 Years
INSURANCE COVERAGE
SUM INSURED (Maximum)
First Insured
Husband / Wife
Child
Refer details furnished in Table above underIII . MEMBERSHIP SCHEME - TYPE : NF
B. Financial aid from relief fund (Refer details furnished above) C. Logn-term income earning opportunity (Refer details under "Business Plan"). D. World Wide membership sponsoring opportunity . E. Personal Web Page . F. Opportunities to participate in social service actitivities. G. Opportunities to participate in "Personality Development Seminars" H. Membership in Blood Donation Forms. I. Membership in Eye Donation Forums
VI. MEMBERSHIP SCHEME TYPE - NF 4 (Four Persons) ■ Eligibility : Indian Citizen Employed Abroad (NRI) and his/her wife/hasband Or two independent child ■ Entry Age : 18 Years and above Upto 70 Years ■ Membership fee : 7500.00 (Non-Refundable) MEMBERSHIP BENIFITS A. NRI Accident Protection Policy (Where an NRI is already insured under the scheme, Insurance can be provided to his/her wife/ hasband and one dependent child aged 5 years and above OR to two dependent children aged 5 years and above.)
Insurance Period : 1 Year
Age : 18 Years and above upto 70 Years
INSURANCE COVERAGE
SUM INSURED (Maximum)
First Insured
Husband / Wife
Child
Refer details furnished in Table above underIII . MEMBERSHIP SCHEME - TYPE : NF
B. Financial aid from relief fund (Refer details furnished above) C. Logn-term income earning opportunity (Refer details under "Business Plan"). D. World Wide membership sponsoring opportunity . E. Personal Web Page . F. Opportunities to participate in social service actitivities. G. Opportunities to participate in "Personality Development Seminars" H. Membership in Blood Donation Forms. I. Membership in Eye Donation Forums
GENERAL INSURANCE: DETAILS OF COVER, EXCLUSIONS AND CONDITIONS
Brief details of the above policies are given below. The Covers, Exclusions and conditions are fully described in the Master Policy available with M/s. Sevak Health Care Services Pvt. Ltd..
MEDICLAIM POLICY.
COVER : If the Insured is required to be hospitalized as inpatient for a minimum period of 24 hours due to injury or illness, the Insurance Company will reimburse admissible expenses up to a maximum of sum insured.
EXCLUSIONS:
The Company will not be liable to reimburse medical expenses for :
Diseases in existence at the time of Proposal
Diseases contacted within the first 30 days of commencement of Policy
Diseases caused by the use of alcohol, drugs. Convalescence, general debility.
Ayurvedic, homeopathic and naturopathic treatment.
Pregnancy and childbirth related illness are not covered by the Policy.
Dental treatment / surgery unless requiring hospitalization.
Conditions associated with AIDS.
Hospitalisation primarily for diagnostics, X-ray, Lab tests etc..
Circumcision unless forming part of treatment.
Vaccination or inoculation, cost of spectacles, contact lenses, curing aids and other external aids.
Plastic / cosmetic surgery unless forming part of treatment of injury.
Treatment of diseases such as Prostatic Cataract, Hypertrophy, Hysterectomy, Hernia, Hydrocele, Congenital internal diseases, Fistula, Piles, Sinusitis and related disorders – during the first year of operation of the Policy.
Expenses on room rent in excess of Rs.200.00 per day except for ICU or ICCU.
CONDITIONS :
1. Insurance cover is available for illness/injury which require at least 24 hours of Hospitalisation. 2. Injury arising out of accidents is covered from the date of inception of Policy. 3. Cover is available only for Allopathic form of treatment. 4. Treatment is to be provided by a Registered Hospital having at least 10 inpatient beds. 5. Written intimation is to be given to the Insurance Company regarding hospitalisation within Seven days of admission. 6. Claim , supported by required documental proof should be filed with the Company within 30 days of completion of treatment.
ACCIDENT MEDICLAIM POLICY
COVER : If the Insured sustains any bodily injury resulting solely and directly from accident caused by outward ,violent and visible means, then the Insurance Company will reimburse admissible expenses up to a maximum of sum insured
CONDITIONS: Injury arising out of accidents is covered from the date of inception of Policy.
EXCLUSIONS: The Company shall not be liable for payment of compensation for: 1. Intentional self injury / suicide / attempted suicide. 2. Injury / death caused by intoxicating liquor / drugs. 3. Injury / death caused by war /civil war / rebellion / nuclear materials etc.. 4. Injury / death attributable to pregnancy / child birth.
ROAD ACCIDENT POLICY
COVER : SECTION I : Personal Accident : If the Insured sustains any bodily injury resulting solely and directly from accident caused by outward ,violent and visible means, then the Insurance Company shall pay the Insured the sum herein above set forth. 1. Death of Insured : Sum insured 2.Permanent disability caused by accident a. Loss of one arm/leg/eye : 50% of sum insured b. Loss of any two of the above organs : 100% of sum insured.
SECTION II : Hospital expenses : If the Insured is hospitalized for a minimum period of 24 hours for treatment of bodily injury caused and arising out of use of Motor vehicle as defined in the Motor Vehicles Act,1944, the Insurance Company shall reimburse admissible expenses up to a maximum of sum insured.
CONDITIONS: Injury caused by accidents involving Motor vehicles registered under Motor Vehicles Act only will be covered by Road Accident Policy. FIR from the nearest Police Station where the accident took place, should be produced.
PERSONAL ACCIDENT POLICY
COVER : If the Insured sustains any bodily injury resulting solely and directly from accident caused by outward ,violent and visible means, then the Insurance Company shall pay the Insured the sum herein after set forth. 1. Death of Insured : Sum insured . 2.Permanent disability caused by accident a. Loss of one arm/leg/eye : 50% of sum insured. b. Loss of any two of the above organs : 100% of sum insured.
ACCIDENT POLICY
ELIGIBILITY :
First Insured should be an Indian citizen employed abroad (NRI).First Insured should furnish his Passport number in the proposal form.
The first insured NRI can avail insurance cover for his family members ( Spouse and children) even if they are resident in India .
COVER: If the Insured shall sustain any bodily injury, resulting solely and directly from Accident caused by outward violent and visible means, then the Company shall pay the insured the sum mentioned in the Table above.
EXCLUSIONS:
Death or disability arising out of or contributed directly or traceable to any disability existing at the time of issue of this policy.
Death or disability caused by intentional self-injury, suicide or attempted suicide, caused under influence of intoxicating liquor or drugs, caused by insanity, caused from committing breach of any law with criminal intent, caused by participating in dangerous sports etc..
Death or disability caused by war / civil war/ rebellion/ nuclear materials etc..
Death or disability attributable to pregnancy / child birth.
GENERAL CONDITIONS
Upon happening of any event that may give rise to a claim, written notice with full particulars should be given to the company immediately, and in any case not later than SEVEN days in case of Hospitalisation claims, and not later than FOURTEEN days in case of Accident claims. Satisfactory proof on all matters upon which the claim is based is to be furnished. Hospitalisation claims should be filed within THIRTY days of completion of treatment and not later than SIXTY days of discharge from Hospital. Accident claims should be supported by Police FIR, Post-mortem report, death certificate, disability certificate and any other relevant documents that the Company may require.
CLAIMS : The following records are required to be filed along with the claim application.
MEDICAL EXPENCES CLAIMS :
Medical Report ( in the format provided by the Company ) duly filled up by the treating Doctor, with seal of the hospital.
Detailed Discharge summary issued by the Hospital – original.
Bills for expences duly attested by the treating Doctor – original.
Reports of investigations ( Scanning, X-ray, lab etc.) – original.
Insurance certificate – photo copy.
ACCIDENT CLAIMS :
In addition to the above the following documents are also to be submitted.
First Information report (FIR) from the nearest Police station where the accident took place – Copy.
Disability Certificate from approved Medical Practioner in case of disability claim – original.
Death certificate in case of accidental death claim – original.
Post-mortem report in case of accidental death claim- copy.
P.S : Filing of Fraudulent claims and fraudulent documents attract criminal proceedings under the Insurance Act.
BUSINESS PLANS
BENIFITS OF LIFE CARE MEMBERSHIP
Health and Accident Insurance protection.
Financial Aid from Relief Fund.
Long term income earning opportunity.
Opportunity to participate in Social Service activities.
Opportunity to participate in “Personality Development” seminars.
Membership in Blood Donation Forum.
Membership in Eye Donation Forum.
TERMS OF MEMBERSHIP1. Those who have attained the age of 18 can become Members.2. Those applying for Membership should do so only after clearly understanding the Terms and conditions of Membership.3. A new applicant can apply only under the sponsorship of an existing Member.4. Applicant should submit his duly filled in application to the Registered Office of Sevak Health Care Services (P) Ltd., S.L.Thomas Centre, P.P.Jose Road, Changanacherry – 686101 along with a Demand Draft for the prescribed membership fee, favoring S-Team Marketing Systems, payable at Changanacherry.5. Those who have enrolled through Company’s Web site should submit their Application forms as described above, within fifteen days of enrollment, to avoid disqualification.
LIFE CARE - INCOME GENERATION1. Income eligibility is dependent on sponsoring S-Team Life Care members.2. Weekly generation of income for Memberships enrolled from Thursday to Wednesday.3. First income is generated when pairs are formed in the ratio 2:1 or 1:2. Further income will be payable on all pairs formed in the ratio 1:1.4. 36 % of the Membership fee is set apart for income distribution to those eligible on the basis of Pairs formed during a week.5. Pair Value = 6. Income generated by a Member each week = Pair value for the week × Number of pairs formed by the Member during the week.7. Maximum income payable to a Member during a week is restricted to Rs.10000.00
RENEWAL-INCOMERenewal of Membership is effected each year by deducting an amount of Rs.1600.00 from the income generated by the Member. This enables renewal of Insurance Policy of the Member as well as creation of Renewal Income in the subsequent year. Thus the member enjoys Double Income as follows :Income through new memberships : Rs. 10000.00 (Maximum)Income through Renewal of Memberships : Rs. 10000.00 (Maximum)Total Income Rs. 20000.00 (Maximum)
RELIEF FUND
Financial aid to nominees of deceased Members(only in case of natural death)
1. Death Relief - Rs. 5000.002. Education Aid for School / College going children - Rs. 5000.00 (Rs.2500.00 each for TWO children)3. Ambulance charge ( if hospitalized at the time of death) - Rs. 1000.004. Marriage aid ( for one girl child within the polcy period) - Rs. 5000.005. Widow pension ( Rs.250 for 12 months) - Rs. 3000.006. Mediclaim / Accident Polcy for Nominee ( 1 year) - Free.
RELIEFFUND-RULESANDREGULATIONS1. Only those Members of S-Team Life Care, who are Policy holders, are eligible for benefits of Relief Fund.2. An amount of Rs.10.00 each from the income generated by members will be deducted each week towards Relief Fund.3. Only those who have contributed Rs.100.00 towards the Fund will be eligible for Relief benefits.4. On natural death of the eligible ible S-TEAM life care member, his nominee will receive the relief fund benefits .5. Death Relief - documental proof of death should be produced.6. Education Aid – proof of studies from educational Instituitions to be produced.7. Marriage Aid – for one daughter, within the Policy period. Produce sufficient proof of marriage.8. Relief Fund Membership is permitted only upto the age of 55 years. Membership shall continue upto 65 years for those who renew their Insurance Policies without break.
