SAMUDANA · PROGRAM 02

Life Program

Provide support in an unfortunate event of death

HOW IT WORKS

Simple way to join and submit your claim

Register

Complete RURIs registration process to become a Member

Submit a Claim

Select your desired MAP Program(s) and provide necessary documents, such as medical diagnoses and test results, to file a claim

Review & Score

Claim scorers will assess the claim ensuring all documentation is in order, and provide a score based on various factors, including document verification

Vote & Approve

Members have the power to vote and decide on approving claims based on the credibility of the case. Members can also vote to initiate further investigations

Receive Community Support

Total approved claim payout + contributions (administration and direct) equally from all Members and auto-deducted from Members digital wallets all via smart contract

CLAIM ESSENTIALS

What do Members need to know before submitting a claim for the Life Program?

Claim requires a minimum six (6) months waiting period from the date of joining the Life Program, with confirmation of the registration as the first day of membership

Before Member consideration, a beneficiary must submit required documentation

A claim shall include the following documentation:

Government-issued death certificate
Doctor's statement detailing the cause and time of death
In case of death due to accidents or criminal actions, a police report

After filing and receiving a payout for a Life Program, no further claims may be submitted on behalf of that Member

GOOD TO KNOW

Risks and Limitations

Not Insurance & No Tax Deductions

RURI MAP is not an insurance product, does not qualify for tax deductions, and is not regulated under Sri Lanka’s Insurance Act.

Limited Payouts

If the total contributions are insufficient, payouts may be reduced.

Risk of Increased Contributions

Claims may exceed initial projections, requiring higher contributions from members.

Non-Refundable Contributions

Members can leave RURI MAP at any time, but contributions made to the pool are non-refundable.

Pilot Program Uncertainty

Since RURI MAP is a 1-year pilot experiment, the platform may be discontinued if the pilot is unsuccessful.