The Society has taken up personal accident insurance coverage for all its members. In the event that a member is involved in an accident and results in death or permanent disability the Insurance Company will pay to the member or his/her nominee an amount equal to whatever the savings the member has with the Society.

For example:

Subscription Specific Deposit Savings Total
$3,000.00 $1,500.00 $4,500.00

Besides the refund of $4,500.00 another $4,500.00 shall be payable through Insurance claim.