|
BENIFITS OF STEAM
LIFE CARE MEMBERSHIP
- Health and Accident Insurance
protection.
- Financial Aid from Relief Fund.
- Long term income earning
opportunity.
- Opportunity to participate in
Social Service activities.
- Opportunity to participate in
“Personality Development” seminars.
- Membership in Blood Donation
Forum.
- Membership in Eye Donation
Forum.
- Health and Accident Insurance protection.
TERMS OF
MEMBERSHIP
-
Those who have
attained the age of 18 can become
Members.
-
Those applying
for Membership should do so only
after clearly understanding the
Terms and conditions of Membership.
-
A new applicant
can apply only under the sponsorship
of an existing Member.
-
Applicant should
submit his duly filled in
application to the Registered Office
of Sevak Health Care Services (P)
Ltd., S. L. Thomas Centre, P. P.
Jose Road, Changanacherry – 686101
along with a Demand Draft for the
prescribed membership fee, favoring
S-Team Marketing Systems, payable at
Changanacherry.
-
Those who have
enrolled through Company’s Web site
should submit their Application
forms as described above, within
fifteen days of enrollment, to avoid
disqualification.
STEAM LIFE
CARE - INCOME GENERATION
-
Income
eligibility is dependent on
sponsoring S-Team Life Care members.
-
Weekly generation
of income for Memberships enrolled
from Thursday to Wednesday.
-
First income is
generated when pairs are formed in
the ratio 2:1 or 1:2. Further income
will be payable on all pairs formed
in the ratio 1:1
-
Income
distribution to those eligible is on
the basis of Pairs formed during a
week.
-
Pair Value :
Rs.400.00
-
Income generated
by a Member each week = Pair value ×
Number of pairs formed by the Member
during the week.
-
Maximum income
payable to a Member during a week is
restricted to Rs. 20,000.00
RENEWAL
INCOME
Renewal of Membership is effected each year by deducting an
amount equal to the membership fee paid, from the income
generated by the Member. This enables renewal of Insurance
Policy of the Member as well as creation of Renewal Income in
the subsequent year. Thus the member enjoys Double Income as
follows :
| |
Income through new memberships |
: |
Rs. 20000.00 (Maximum) |
|
| |
Income through Renewal of
Memberships |
: |
Rs. 20000.00 (Maximum) |
|
| |
Total Income |
: |
Rs. 40000.00 (Maximum)
|
|
RELIEF FUND -
RULES AND REGULATIONS
-
Only Members of
S-Team Life Care, up to the age of
55 years are eligible for benefits
of Relief Fund.
-
An amount of
Rs.10.00 each from the income
generated by members will be
deducted each week towards Relief
Fund.
-
Only those who
have contributed Rs.100.00 towards
the Fund will be eligible for Relief
benefits.
-
On natural death
of the eligible S-TEAM life care
member, his nominee will receive the
relief fund benefits .
-
Death Relief -
documental proof of death should be
produced.
-
Education Aid –
proof of studies from educational
Institutions to be produced.
-
Marriage Aid –
for one daughter, within the Policy
period. Produce sufficient proof of
marriage.
|
