The Company Secretaries Benevolent Fund (CSBF) has increased its medical reimbursement limits for members and their dependents affected by COVID-19, effective from May 1st, 2021. This decision was made in response to the significant rise in cases during the second wave of the pandemic. The enhanced limits aim to provide greater financial support for treatment expenses.
TheCompany Secretaries Benevolent Fund w.e.f 1st May 2021, has decided to enhancethe medical reimbursement limits for those affected by COVID-19, considering the recent splurge in the cases owing to the 2nd wave of the virus. Read the official announcement below:
Dear Members,
Considering the very grim phase the country is facing due to the phenomenal surge in Covid-19 pandemic and in order to support its stakeholders, the Company Secretaries Benevolent Fund w.e.f 1st May, 2021, has enhanc
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FAQ :
The CSBF has enhanced its medical reimbursement limits for members and their declared dependents who test positive for COVID-19 and incur treatment expenses.
The enhanced medical reimbursement limits came into effect from May 1st, 2021.
For life members of CSBF and their declared dependents, the limit has been enhanced from Rs. 75,000 to Rs. 1,50,000.
For CSBF life members who have not completed 3 years of subscription (for self and dependents) and for Company Secretaries who are non-members of CSBF (for self only), the limit has been enhanced from Rs. 50,000 to Rs. 1,00,000.
Only RT-PCR or Rapid Antigen Test results from a government/ICMR authorized testing centre are accepted.
Yes, the annual income criteria for deserving cases (up to Rs. 7.5 Lakhs during the previous Financial Year) remains the same as per the existing Bye Laws of the CSBF.