Premier FlexiInvest policy gives you higher returns and protection against life’s uncertainties at the same time. You have the freedom to divide your capital and invest in multiple funds to earn higher profits.
Benefits of MCIS Premier FlexiInvest Insurance
- The policy provides you with the option of guaranteed insurability.
- You will receive maturity benefit, in addition to death and total and permanent disability (TPD) cover.
- Even if your account value is insufficient, you will receive a guaranteed coverage for 5 years.
- You can also switch to different funds if you are not happy with the current fund you have invested in.
- You may also be eligible to receive anniversary bonus.
MCIS Premier FlexiInvest Insurance Claims
You can submit the claims by filling the claim forms available on the official website of MCIS. Along with the claim forms, you have to submit medical certificate provided by the doctor. You may have to submit other required documents with the claim forms. Once you submit the complete documentation to the insurer, the associates will process your application in a few working days’ time.
MCIS provides customer service helpline for you to get solutions for your queries and to find more information about their products. You can reach the helpline at the number 03-7652 3388.
How to Cancel MCIS Premier FlexiInvest Insurance Policy?
Since life insurance is a long-term investment, it is not profitable to surrender your policy before the maturity period. However, if you think the policy does not suit your requirements, you can submit a cancellation request letter to the insurer.
Q. Can I withdraw the investment made?
A. Yes. You can invest more or even withdraw the investment made.
Q. What are the possible types of funds I can invest in?
A. You can invest in the following types of funds:
- Balanced Fund
- Equity Fund
- Jati Fund
- Dividend Fund
- AsiaPac Fund
- Global Yakin Fund
Q. Can I increase the basic sum assured?
A. Yes. You can increase or decrease the basic sum assured at any point in time.
Q. What does Equity Fund mean?
A. Equity fund is the type of fund chosen by aggressive investors. With Equity fund you can gain medium to long term capital appreciation. The investments are subject to economic conditions and other factors.
Q. Can I switch between funds?
A. Yes. You have the freedom to switch between funds.
To sum it up, you get 5 years of guaranteed coverage even if you don’t have sufficient account balance, maturity benefits, anniversary bonus, etc., with the plan. Read the fine prints in detail before signing up!