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United India Insurance Company Limited was incorporated as a Company on 18th February 1938. General Insurance Business in India was nationalized in 1972. 12 Indian Insurance Companies, 4 Cooperative Insurance Societies and Indian operations of 5 Foreign Insurers, besides General Insurance operations of southern region of Life Insurance Corporation of India were merged with United India Insurance Company Limited. The Information About the CDA RULES of the United India Insurance Co Ltd is given below MATTERS RELATING TO CDA RULES Undertaking of part-time employment for Insurance Education: Employees who are required to undertake any work relating to the activities of the Insurance Institute of India, Bombay. College of Insurance of the said Institute and/or any Institute affiliated to the said Institute, may be permitted to take-up such jobs on a part-time basis and may be allowed to retain tile full honorarium that may be paid to them by the Institution concerned. Contribution of articles and reports . An Employee may be permitted to contribute articles and reports to periodicals and for writing and publishing a book provided that: (a) Such work shall not affect the normal official functions of the employee. (b) Previous sanction shall be obtained from the competent authority. (c) „Script‟ shall be approved by the Company before it is sent to the publishers for publication. No amendment/alterations/additions shall be made in the approved script without prior permission of the Company Retention of Honorarium The employee may be allowed to retain recurring or non-recurring fee/!honorarium or more than one such fee put together upto an amount of Rs.500/- in one calendar year and where the recurring or non-recurring fee or fees received in one calendar year Permission to participate in Radio and/or Doordarshan (TV) programme and retention of honorarium thereof The permission to participate in Radio and/or Doordarshan (TV) programme may be granted to the employees subject to the following conditions: Compulsory Deduction: Following deductions have to be compulsorily effected out of subsistence allowance: i. Income Tax: (If the gross salary is subject to Income Tax). ii. Compensation for the use of Accommodation allotted iii. Repayment of loans and advance taken from the Company. iv. Medical Benefit Insurance Scheme premium. Voluntary Deductions: These deductions are optional and if an employee so desires, these can be continued after obtaining request from him to this effect. i. LIC premium: Post Office CTD and Loan taken from Bank ii. Amount due to co-operative credit society. iii. Refund of loan taken from Provident Fund. Information About the CDA RULES of the United India Insurance Co Ltd uiioa.com/documents/PER_MANUAL_BOOK_FINAL_-I,2011.pdf |
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