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Tang Flex Plan

The Tang Flex Life Plan is an anticipated endowment plan that pays out benefits after the first 2 years and at the end of the policy term (3 years) in the ratio of 20%, and 100% of the sum assured. The final benefit is payable at the end of the term.

Benefit Type

Death, Partial Withdrawal and Maturity Benefit only.

Policy Term

The product is available at policy duration for 3-years only.

Cover Termination

Cover ceases at the end of the month in which the Assured turns 64 years.

Premium Payment Frequency

Offers a flexible premium payment - monthly, quarterly, bi-annually and annually.

Pay-outs

There are only three payouts during the policy period.

Claims Procedures

Claim Documentations

- Medical Certificate of cause of death,
- Valid proof of identity of named beneficiary (on the death of the policyholder).
- 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.