About Liability Waiver

KSFE will waive the liability of the Chit, up to a maximum of Rs.10 Lakhs,in the unfortunate event of the death of a prized and paid subscriber. The liability waiver option will act as a de facto, free of cost insurance scheme for Pravasi Chitty subscribers.

Discontinuation of Pension Premium Contribution

Pension premium contribution implemented with the Kerala Pravasi Welfare Board is currently discontinued for new Pravasi Chit subscribers. Monthly premium contributions will be paid till chit-termination to prompt customers who have already joined in this scheme.