Sunday, June 26, 2022
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ICBF restarts life insurance scheme for Indian expats

ICBF restarts life 
insurance scheme for Indian expats

Santhosh Chandran
The Life Insurance scheme for Indian expatriates that was introduced by the Indian Community Benevolent Forum (ICBF), has resumed operation after a four-month break induced by the coronavirus (COVID-19) pandemic.
The scheme, being implemented in association with Damaan Islamic Insurance Company (Beema), has attracted a large number of low-income expatriates since its launch in December 2019.
When Indian expatriates with Residence Permits in Qatar enrol in the scheme, they will get an insurance coverage of QR100,000 for two years at a premium of QR125. The scheme also covers permanent or partial disability, up to the maximum covered amount depending on the severity of the disability.
ICBF President PN Baburajan said, “Indian community members were eagerly waiting for the restart of the insurance scheme, as they realised the value of the scheme provided by ICBF at a small cost. We are glad to restart it now, so the community members and families can benefit from it.”
As part of raising awareness of the insurance scheme and to benefit from it, several Indian business establishments and socio-cultural organisations had conducted campaigns to get their staff enrolled in the scheme.
Juttas Paul, head of Media and Development at ICBF, said, “In a short span time we have received eight claims, and four them have completed the procedures while the remaining four are under process. Even though it is painful that a few of those enrolled under the insurance scheme have passed away, the scheme could provide some financial relief to their families during this difficult time.”
The ICBF intends to ensure maximum participation from the Indian community in the insurance programme.
Those who like to join for the programme may contact the ICBF office at the Integrated Indian Community Center (IICC) in Thumama or Juttas Paul on 55745265 or email: [email protected]