Ten-Tsai Mangul Ngenchoel I

Ten-Tsai Mangul Ngoenchoel I (TMN I) provides you with the highest interest rate plus insurance coverage. With TMN I, you don’t just save, but you also protect your life, your loved ones, and their finances. If you want to get two giggles from one tickle, TMN I is the thing you’re looking for.

BENEFITS

Protection

Disability Benefit

Tax Rebate

Highest rate of interest

SA plus 150% of the premiums paid upon death

Eligibility

Anyone with income
Entry Age: 18 – 60 years
Term: 5 and 10 years
Sum Assured: Unlimited, starts from Nu 10,000
Loan: Eligible after 3 years after the subscription of the policy
Surrender: After premiums payment of 3 years
Paid Up: Available after 2 years of premium payments
Revival: Within 2 years from the last payment of the premiums
Loan: Eligible up to 90% of the Surrendered Value

Benefits

Maturity Benefits of Sum Assured + Guaranteed Additions
Disability Benefits
In the event of untimely demise of the policyholder, Sum Assured plus 150% of the premiums paid.
50% Tax Refund

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