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Tang Flex Plan
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.
