The Rubber Board will implement a ‘Group Life Insurance Cum Terminal Benefit Scheme' in collaboration with the Life Insurance Corporation of India, for the benefit of the rubber tappers working in the smallholding sector. The members of this scheme are eligible for benefits that include 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 9-12.
Nodal agency
The Rubber Board is the nodal agency of the scheme. Life Insurance Corporation would issue a single master policy to the nodal agency. The tappers have to renew their membership every year, failing which they will not be eligible for insurance benefits. The minimum contribution for membership in the scheme is Rs 300 a year. Those who want additional terminal benefits can contribute more. The employer can also contribute an additional amount for his tapper, along with his tapper's contribution. It will be added together with the contribution of the tapper and be listed separately.
The application forms for the first phase of the scheme for the current fiscal will be issued from the regional offices of the Board. The application should contain permit number of the holdings and signature of the employer. In the absence of the above, the presidents of the Rubber Producers' Societies/ Field Officers of the Board can certify the holding and employment details. A self-attested certificate on white paper showing the health status of the applicant should also be attached.
Tappers should submit the applications along with the contributions at the concerned regional offices before July 20 . 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 at the regional offices.