About DVL Welfare Trust
IADVL has launched a mutual benefit scheme coupled with professional legal protection in 2011 and named it DVL welfare trust. It is one of the important financial benefit scheme aimed at securing financial security for the family members of our association. The Executive committee of IADVL urges all its members to join this mutual benefit scheme to make it a successful initiative of IADVL. The details of this welfare scheme are as follows:
DERMATOLIGISTS VENEREOLOGISTS & LEPROLOGISTS WELFARE TRUST (DVL trust) has been established for the benefit of members of IADVL. The trust has been registered at Vadodara. DVL Welfare Trust is by IADVL, of IADVL and for IADVL ites " .
Eligibility of the members : Any life member of IADVL, irrespective of age is eligible to become a Regular Member of the scheme. Family members of Life members of IADVL can also join the scheme as Beneficiary Members. Please note that separate forms need to be filled for each member of a family.
Total Amount Payable at the time of admission:
- Admission Fees (as per age - given below).
- Annual Membership Fees Rs. 750.
- Advance Fraternity Contribution (AFC) Rs.2500 ( Rs. Two thousand and five hundred ) a minimum amount kept with DVL trust towards members future fraternity contributions.
Optional amount to be payable at admission: Member can deposit additional amount of his choice as deposit for future annual contribution. The 4% interest will be credited on deposit amount.
Details of one time Admission fees: The Admission Fees payable shall be based on age in years of the proposed member or their family member who likes to join the scheme, as follows:
Optional Legal fees for professional indemnity For life members of IADVL who volunteer to have professional legal cover, this option is available. However, they necessarily have to be members of DVL trust as well. Annual legal fee is based as per type of Dermatology practice: a) The Consultant with only office practice will have to pay Rs. 1000/- per year;
(B) The Consultant with practice of Dermato Surgery, Cosmetic, Laser & other procedures will have to pay Rs. 3000/-per year.
The indemnity coverage will be Rs. 7,00,000 (Rupees seven lakhs) per case and Rs. 15,00,000 (Rupees Fifteen lakhs only) aggregate per year.
Member's annual contribution : [a] Annual membership fee of Rs. 750/- (with increment of Rs. 50/- every 5 year). and [b] Fraternity contribution Rs. 500 x N, where N = No. of Death of members)
Plus, Optional professional indemnity annual legal fees, to be paid by those members who opt for professional indemnity.