Ten-Tsai Mangul Ngenchoel II

Struggling to retain employees? Try our Ten-Tsai Mangul Ngenchoel II (TMN II). Who knows, our TMN II might be the answer

While there are no foolproof tools and strategies to retain employees, our TMN II provides a temporary respite to hold your high-performing employees back.

That’s because our TMN II provides life insurance coverage for employees while acting as an investment avenue for the organization to gain Guaranteed Additions, which could come in handy in rewarding its employees in the long run.

BENEFITS

Protection

SA upon death

Tax Rebate

Premium refund plus GA on maturity

Eligibility

Group/Companies/Institutions
Life Assured Age: 1 – 75 years
Sum Assured: Unlimited, starts from Nu 10,000
Term: 1 – 5 years
Surrender: After 2 years of active policy

Benefits

Refund of Premium plus Guaranteed Additions on maturity
Sum Assured guaranteed in the event of member’s untimely demise

Claim Checklists

Maturity Benefit

Original Policy Document or a duly issued duplicate document
Copy of Citizenship Identity Card
Revenue stamp
Discharge voucher has to be signed & witnessed

Death Claim

Intimation Letter from bank
Proposal Form (Available on www.ricb.bt)
Death claim form
letter from nominee
certificate of insurance
Proof of Death (Death Certificate, a Letter from Ministry of Home & Cultural Affairs, Police or Gup in case of death outside hospital premises)
Copy of Citizenship Identity Card of both the deceased and the nominee
loan statement as on date of death.