Amendment status not verified — confirm the current text below against the official source.
(1) Subject to the other provisions of this Act, the State Government may, by notification in the Official Gazette, make a group insurance scheme for providing insurance on the lives of all qualified employees in the establishments to which this Act applies. (2) A scheme under sub-section (1) may provide for all or any of the following matters, namely:- (a) the plan of assurance, (b) the sum assured, (c) the rates of contribution, (d) the proof of age of the qualified employee, (e) nomination by a qualified employee or a person to whom the sum assured is payable and the manner of making such nomination, (f) such other matters relating or incidental to the scheme as may be prescribed.