Tangerine Protection Plan
This plan is designed to provide employees and their families comfort where the employee is unable to continue working as a result of critical illness, permanent disability, and death.
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1. Overview
The Protection plan takes care of future expenses in case of life’s eventualities. With this plan, you don’t have worry about future expenses if anything were to happen that keeps you from earning. You can ensure that your family and loved ones have things like school fees, debt, everyday or even retirement expenses taken care of with our protection plan.
Because we know that needs vary, there are two versions of our Protection plan-
- The Limited Protection plan that gives you cover for a period of up to 10 years and
- The Permanent Protection plan that covers you for your entire life with just a payment of xx monthly
2. Features
- Guaranteed tax free lump sum payment of all investments and interest at the end of the Plan which is then used to fund all expenses.
- Guaranteed tax free lump sum payment of all investments and interest at the end of the Plan which is then used to fund all expenses.
- In the event of death, We pay the life cover value to your beneficiary and twice the amount for which the policy holder is covered, if death of the policy holder is due to an accident.
- By choice, Death Benefits can be converted to installment payments for the beneficiary as stated by the policyholder at the inception of the Plan.
3. Why should you buy this product?
- We have a track record of delivering successful insurance solutions.
- Through our varied digital channels - i.e. Mobile App and Website, you are assured of a swift and uncomplicated service in just a few clicks.
4. Next steps
Click get started below to provide us with some initial information and a member of our team will get in touch with you.
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