The document describes the ASI Social Security Scheme (ASISSS), a mutual benefit scheme run by the Association of Surgeons of India. The scheme aims to provide financial assistance to families of deceased members. Key details include membership fees, annual subscriptions, death contributions, claim process, and comparisons to insurance companies. The summary highlights the scheme's goals, membership costs over time, and potential payout amounts to beneficiaries based on number of members.
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ASI SOCIAL SECURITY SCHEME Provides Up to Rs. 1 Crore for Only Rs. 93,500
1. ASI SOCIAL SECURITY SCHEME
.
DR SATISH K SHUKLA ADVISOR ASISSS
DR CHIRANJIVA KHANDELWAL CHAIRMAN ASISSS
DR KAUSHIK SHAH HONY. SECRETARY ASISSS
DR SHALABH GUPTA TREASURER ASISSS
2.
3. VISION AND MISSION
VISION
TO GIVE SECURITY TO ALL ASI MEMBERS
WHICH GIVES FINANCIAL COMFORT TO
THEIR FAMILIES IN THEIR ABSENCE
MISSION
TO HAVE ATLEAST 20000 MEMBERS
BY ASICON 2040
4. INSURANCE COMPANIES
Normally all Insurance companies charge around
Rs 15000-20000/- per annum for an insurance of
10 lakhs for a period of 30 years.
They will verify your smoking status and will get all
lab tests done.
If you are fit, then you will spend a whooping
amount of 4.5 to 6 lakhs to get only 10 lakhs?
5. FOR ASI SSS MEMBER
Suppose, you enter ASISSS at the age of 32 yrs in 2017
and 5 members expire every year and if you continue
till 2042 with the age of 57 yrs, you pay just Rs 93500/-
(Rs 6000 admission fee plus Rs 1000/- Annual
subscription plus Rs 2500/- per year for 25 years).
At any stage, if ASISSS has 5000 members then in case of
death of ASISSS member, family gets 25 lakhs plus
loyalty bonus!
And ASI doesn’t ask your Smoking status and lab
reports.
6. COMPARISION
Even the biggest association of doctors in India which runs
the biggest Security plan with membership strength of
approx 15000 doctors but has paid just 11 lakhs to
deceased person’s family in 2016.
Imagine ASISSS with membership strength of
15000 Surgeons, family will get Rs 75 lakhs!!
With 20000 Surgeons amount would be
1 Crore
8. ASI SOCIAL SECURITY SCHEME
Mutual benefit scheme
No Insurance Company involved
Members contribute to help
Aims & Objects of the Scheme:
(a) To provide financial assistance to the
member of the family of the deceased
registered in the Scheme.
(b) Promote academic/Social activities of ASI
9. ASI SSS
• Any full life member of the ASI, below
the age of 65 years
• The members who have joined this scheme
before 30.12.17 are “FOUNDER MEMBERS” of
this scheme.
• Scheme started from 1st April 2017
• Eligibility to claim will be after completion of
Twenty four months from joining the scheme.
10. PREREQUISITES TO JOIN
• Fill up application form with specimen
signatures of nominee with photos.
• Photocopies to be attached:
• a) Date of Birth
• b) PAN Card Copy
• c) ASI Membership Card
• d) Aadhar Card
11. FORMAT OF PAYMENT
• ADMISSION FEES – ONE TIME AT ENTRY
• ANNUAL SUBSCRIPTION - Every member
compulsorily pays Rs 1000/- every year and shall
continue to pay till death
• FRATERNITY CONTRIBUTION- Every member of the
scheme shall pay a fraternity contribution of Rs.500/-
per death (if any) for a continuous period of 25 years
• THERE IS NO CAPPING.
• IF 5 DEATHS IN THAT YEAR THEN HE PAYS 2500/-
IF 15 IN SOME OTHER YEAR THEN HE PAYS 7500/-
12. HONORARY MEMBER
Those who make payments for 25 years
continuously need not make any further
payment of Fraternity Contribution but will
pay annual subscription of Rs 1000/- year.
They will remain as honorary members of the
scheme with all the benefits of an ordinary
member.
13. ADMISSION FEES
1. Below 30 years Rs. 5,000/-
2. Between 30 to 35 years Rs. 6,000/-
3. Between 35 to 40 years Rs. 8,000/-
4. Between 40 to 45 years Rs. 10,000/-
5. Between 45 to 50 yrs Rs. 15,000
6. Between 50 to 55 yrs Rs. 20,000/-
7. Between 55 to 60 yrs Rs. 25,000/-
8. Between 60 to 65 yrs Rs. 30,000/-
HURRY JOIN SOON AS ADM FEES GOING TO RISE SOON
14. CALCULATION FOR A 42 YR IN 2018
CALCULATION FOR A 42
YR OLD JOINING IN 2018
In 2018 ( If 5 DEATHS ) In 2019 (If 3 DEATHS )
ADMISSION CHARGE Rs 10000/- xxxxxxxx
ANNUAL SUBSCRIPTION Rs 1000/- Rs 1000/-
FRATERNITY CHARGE
@Rs 500/- PER DEATH
Rs 2500/- Rs 1500/-
TOTAL Rs 13500/- Rs 2500/-
15. MEMBER’S
DISQUALIFICATION
Demand notice in the 3rd week of July showing the
exact amount to be paid.
The last date for payment without fine is 30th
September every year, after that there will be a fine of
Rs. 100/- per month
If member does not make the payment within 90 days,
a registered notice will be send at the members cost.
The membership shall stand terminated if the member
does not make the payment within 30 day of receipt
of the notice
16. LOYALTY BONUS
• Who remain member for 20 years and more
• Has paid all Annual Charges & DFC (death
fraternity contribution).
• On successful completion of 20 years,
member will be entitled to get 1% loyalty bonus
of their maturity amount per year for next 5yrs
(from 21-25yrs)
• Maximum loyalty bonus will be 5%
17. NEW ADD ON IN SSS
DISABILITY BONUS WILL BE
INTRODUCED SOON
18. CLAIM
Documents like
1. Death certificate
2. Membership identity
3. City branch Secretary’s recommendation are
only needed for claim.
NO CLAIM TILL DATE
LONG LIVE ASI MEMBERS