Circular issued by CBPRO is reproduced below
Quote
No. 016/2017 Dated: 05.09.2017
To
The General Secretaries, Constituents of CBPRO.
Dear Comrades,
Sub: Renewal of Retirees Medical Insurance.
We refer to our Circular No. 015/2017 Dated 31.08.2017 regarding the above. We reproduce below the E-mail
received by us from K M Dastur Reinsurance Brokers Private Ltd. We also enclose herewith the UIIC letter to
IBA about the Renewal of Retirees Medical Insurance Policy with the same Premium as last year (2016-2017).
However the Premium for Domiciliary treatment will be advised later after the review of the same.
The Super Top-up Policy of additional Rs 400,000 lacs and Rs 500,000 lacs as advised earlier will be available
along with the Renewal of the Policy in November 2017.
We profusely thank Com Prakash Patki, Senior Vice-President AIBPARC for continuously following up the matter
with all concerned authorities including UIIC and with K M Dastur Reinsurance Brokers Private Ltd.
Any further developments in respect of Medical Insurance specially regarding Domiciliary Treatment Premium we
shall advise you.
DETAILS OF MAIL RECEIVED FROM K M DASTUR REINSURANCE BROKERS PVT LTD
QUOTE
‘United India Insurance Co. Ltd., has confirmed that the Renewal Premium for the Retiree Policy without the
domiciliary cover will be the same as per last year. The Premium for the Retiree Policy with the domiciliary
cover will be shared by United India Insurance Co. Ltd., next week after appropriate review.
Premium Quote for Retirees’ without the Domiciliary cover for 2017-18:
Rs.13,935 +18% GST for 4 lac SI
Rs.10,452+18% GST for 3 lacs SI
United India Insurance Co. Ltd., has agreed that the premium for the Super-top up policy for the retirees will be
collected along with the renewal premium of the basic policy without any requirement of a separate form.
The premium of the Super Top Up Policy is as per the below table.
Quote
No. 016/2017 Dated: 05.09.2017
To
The General Secretaries, Constituents of CBPRO.
Dear Comrades,
Sub: Renewal of Retirees Medical Insurance.
We refer to our Circular No. 015/2017 Dated 31.08.2017 regarding the above. We reproduce below the E-mail
received by us from K M Dastur Reinsurance Brokers Private Ltd. We also enclose herewith the UIIC letter to
IBA about the Renewal of Retirees Medical Insurance Policy with the same Premium as last year (2016-2017).
However the Premium for Domiciliary treatment will be advised later after the review of the same.
The Super Top-up Policy of additional Rs 400,000 lacs and Rs 500,000 lacs as advised earlier will be available
along with the Renewal of the Policy in November 2017.
We profusely thank Com Prakash Patki, Senior Vice-President AIBPARC for continuously following up the matter
with all concerned authorities including UIIC and with K M Dastur Reinsurance Brokers Private Ltd.
Any further developments in respect of Medical Insurance specially regarding Domiciliary Treatment Premium we
shall advise you.
DETAILS OF MAIL RECEIVED FROM K M DASTUR REINSURANCE BROKERS PVT LTD
QUOTE
‘United India Insurance Co. Ltd., has confirmed that the Renewal Premium for the Retiree Policy without the
domiciliary cover will be the same as per last year. The Premium for the Retiree Policy with the domiciliary
cover will be shared by United India Insurance Co. Ltd., next week after appropriate review.
Premium Quote for Retirees’ without the Domiciliary cover for 2017-18:
Rs.13,935 +18% GST for 4 lac SI
Rs.10,452+18% GST for 3 lacs SI
United India Insurance Co. Ltd., has agreed that the premium for the Super-top up policy for the retirees will be
collected along with the renewal premium of the basic policy without any requirement of a separate form.
The premium of the Super Top Up Policy is as per the below table.
Best Regards,
Maneck H. Dastur.
+919820044153
K. M. Dastur Reinsurance Brokers Pvt. Ltd.
UNQUOTE
With regards
Yours comradely,
A Ramesh Babu K V Acharya,
Joint Conveners (CBPRO)
Unquote
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