View All Medical Insurance Scheme For Retired Staff - Last date for receiving applications is 10.01.2016
As per 10th Bipartite Settlement/Joint Note dated 25-05-2015 we are switching over to new medical insurance scheme for retired staff in tie up with United India Insurance Co. Ltd. 
*Last date for receiving the consent letter for joining New Medical Insurance Scheme for retired staff has been extended upto 10-01-2016 . Those pensioners who have earlier not opted for 'SIB Ashwas Plus' are also eligible to join the new Medical Insurance policy                                                                                                                                  
Basic features of the policy:

Total annual premium  

  • For Officers(retired) :Rs 6573/- + ST (14.5%)
  • For  Award Staff retired): Rs 4930/- + ST (14.5%)

 Insurance cover    

  • For Officers (retired): Rs 4,00,000/-
  • For Award Staff (retired): Rs 3,00,000/-


Dependents are not covered except spouse.

Preexisting illness 

All preexisting illnesses are covered.

Recognized system of medicines 

 Reimbursement of expenses is  available for following treatments:  Allopathic, Ayurvedic, Unani, Sidha, Homeopathy & Naturopathy.

Following covers are not available in retirees medical insurance policy:
·                     Maternity Expenses
·                     Critical Illness Cover
·                     Domiciliary Expenses
·                     Dependents are not covered ( only retiree + Spouse)
·                     Corporate Buffer Facility