Accident Welfare Support Program
– Member welfare program
Chandragiri Savings and Credit Cooperative Ltd is committed to the well-being of its members, especially in times of unforeseen accidents. Understanding the financial burden and emotional distress that accidents can bring, Chandragiri introduces the “Accident Welfare Support Program” to provide comprehensive assistance and financial support to its members in such difficult situations. This program aims to ensure that members and their families receive the necessary support and relief during challenging times. And, Chandragiri Savings and Credit Cooperative’s “Accident Welfare Support Program” is a testament to its commitment to member welfare, providing a reliable safety net in times of accidents and unforeseen events.
Key Features
Financial Assistance
The program offers a substantial amount of Rs. 200,000 as support to the member affected by an accident.
Coverage for Disability
In cases of permanent or temporary disability resulting from an accident, members are eligible to receive the support amount from the insurance coverage.
Dual Coverage
The support amount includes Rs. 100,000 from the cooperative’s own fund and an additional Rs. 100,000 covered by an insurance company, ensuring a comprehensive safety net.
Beneficiary Support
In unfortunate cases of member death due to an accident, the assigned beneficiary receives the designated support upto Rs. 100000.00 from the cooperative’s fund.
Benefits
Financial Security
The Accident Welfare Support Program provides crucial financial security and peace of mind to members and their families during challenging times.
Dual Funding
The combination of the cooperative’s own fund and insurance coverage ensures a substantial support amount, offering enhanced financial assistance to the affected members.
Comprehensive Coverage
The program covers a wide range of accident scenarios, including disabilities, ensuring members receive the necessary support.
Peace of Mind
By having access to the Accident Welfare Support Program, members can focus on their recovery and well-being, knowing that Chandragiri is there to provide the necessary assistance and support.
Disclaimer:
The Accident Welfare Support Program offered by Chandragiri Savings and Credit Cooperative Ltd is designed to provide financial assistance to its members in the event of accidents. While every effort is made to ensure the accuracy and availability of the support, the actual disbursement of funds is subject to the terms and conditions set forth by the cooperative and the insurance provider. Members are advised to thoroughly understand the program details and eligibility criteria to make informed decisions.