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Tang Betta Plan

Tang Betta Plan

The Tang Betta Life plan is a pure risk-based plan which pays out a percentage of the premium paid by policyholder during the policy period in the event that the insured events do not crystallize. Otherwise, the sum assured is payable to the policyholder.

Tang Betta Plan

Entry Age

18 years to 65 years

Maximum age at maturity

65 years

Optional Rider Benefits

a) Critical Illness
b) Permanent Disability

Policy Duration

The minimum policy duration is one year. However, it is renewable.

Premium Payment Frequency

Frequency of payment may be monthly, quarterly, half-yearly or yearly.

Claims Procedures

Claim Documentations

  • a) Medical Certificate of cause of death,
  • b) Valid proof of identity of named beneficiary (on the death of the policyholder).
  • c)Police Report if death was caused by Accident, copy of Life Assured identity.

Other plans

Mortgage Plan

This is a decreasing term assurance policy intended to ensure repayment of the mortgage loan in event of death of the Life Assured before full repayment of the mortgage loan on his house.

Family Welfare Plan

An annual renewable term assurance that pays out the sum assured in the event of the policyholders' death.

Triple Plan

An anticipated endowment plan that pays out benefits at 1/3, 2/3 period and at the end of the policy term in the ratio of 30% (25%), 30% (25%) and 100% of the sum assured.
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