Double Cover Endowment Plan with Profits

This policy provides a bonus on the sum assured at the end of the term. However, in the event of the untimely demise of the proposer, the sum paid will be double the sum assured. Additionally, a bonus will be paid in both cases. This policy is for those who prioritize risk coverage over a higher return on investment at maturity.

BENEFITS

Protection

Tax Rebate

Loan Eligible

SA upon death

Sum Assured plus bonus on maturity

Claim Checklists

Maturity Benefit

Original Policy Document / policy closure form
Copy of Citizenship Identity Card
Revenue stamp
Discharge voucher has to be signed & witnessed

Death Claim

Intimation Letter
Claimant’s Statement duly signed by the nominee along with a witness
Certificate by Employer if the deceased was employed
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
Original Policy Document
Investigation Report in case of very early death claim
In case of accidental death, police report
Discharge voucher has to be signed & witnessed

Surrender

Surrender Form (available @www.ricb.bt)
CID Copy
Original Policy Document / policy closure form
Revenue stamp
Discharge voucher has to be signed & witnessed

Revival

Ordinary Revival Form (available @www.ricb.bt) only if the policy has lapsed for more than 6 months and less than one year.
Health Declaration Form (available @www.ricb.bt) if the policy has lapsed for more than one year

Claim Forms

Maturity Benefit