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State of Uttar Pradesh - Section

Section 9 in The U.P. Basic School Teachers (Savings-Cum-Insurance) Rules, 1976

9. Assurance. -

An assurance shall be effected on the life of each member on the Entry Date under the One-year Renewable Group Term Assurance Plan with the Corporation for the sum assured as shown in the table below :-
Category of Member Amount of sum assured before 1.2.1975 Amount of sum assured from 1.2.1975
Rs. Rs.
(a) Teachers and Headmasters of Primary Schools and teachers other than those designated as Headmasters of. Junior High Schools 2,000.00 5,000.00
(b) Headmasters of Junior High Schools 2,500.00 5,000.00
The sum assured in respect of a Member shall remain constant during the membership of the Scheme subject to changes if any, made by the State Government after the enforcement of these rules. The sum assured under the assurance shall be payable only in the event of the death of the member while in service of the employer. The Assurances shall be held by the State Government, upon trust for the benefit of the persons entitled under these rules.