On 16-9-2025, the Executive Committee of Supreme Court Bar Association proposed to introduce a LIC Group Term Insurance Cover of Rs. 10 lakhs for Supreme Court Bar Association members to provide a uniform protective cover and to strengthen the welfare measures of the Association.
Key Features of the Policy:
-
It will cover all Supreme Court Bar Association voter members in the last 3 years.
Exception: Designated Senior advocates and advocates whose gross annual income exceeds Rs. 15 lakhs.
-
No premium has to be paid.
-
It will remain valid up to the age of 60 years.
-
Advocates who wish to remain covered can submit a declaration confirming that their gross annual income is less than Rs. 15 lakhs.
-
Advocates who do not wish to remain covered under this policy can opt out by submitting a declaration/ opt out form.
-
Declaration should be made by 25-9-2025 to the Supreme Court Bar Association Office or by sending their names and membership numbers by email to scbaecinfo@gmail.com.
-
Permanent members, whose income is more than Rs. 15 lakhs or are not voters, can also avail the policy on payment basis by paying an annual premium of Rs. 5500 + applicable taxes.