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Social Security Scheme of ASI

Benefits in Social Security Scheme of ASI

    • It is a family benefit scheme.
    • ASI gives security to families of surgeon.
    • No Insurance company is involved.
    • Members contribute and deceased family directly gets benefit.
    • ASI Members can join up to the age of 65 yrs.
    • No medical certification is needed to join the scheme.
    • At present, Admission fee is very low ranging with age – Rs. 5000/- upto 30 years and Rs. 30000/- up to age 65 years. Fees going to rise soon as these are discounted rates for Founder members.
    • Fraternity contribution per death is very low comparing to any Insurance scheme. Just Rs 500/- contribution per death. Payment is to be done for 25 years only. If no death occurs then there is no Fraternity charge.
    • Annual Subscription is Rs 1000/-. Member continues to pay till he/she lives.
    • Benefit — Member’s Family gets minimum 500 times of total number of members enrolled.
    • Loyalty Bonus is applicable.
    • Early settlement of death claim within a month.
    • Documents like Death certificate, membership identity and the City branch Secretary’s Recommendation are only needed for the claim.

E.g.

CALCULATION FOR A 42 YR OLD JOINING IN 2018
In 2018
( If 5 DEATHS )
In 2019
(If 3 DEATHS)
ADMISSION CHARGE
Rs 10000 XXXXXX
ANNUAL SUBSCRIPTION
Rs 1000/- Rs 1000/-
FRATERNITY CHARGE @Rs 500/- PER DEATH
Rs 2500/- Rs 1500/-
TOTAL PAYMENTS
Rs 3500/- Rs 2500/-

Explore The Social Security Scheme of ASI

Social Security Scheme Constitution and Application Form

List of Members enrolled in ASI SSS up to 19th July 2018

Click to view