You can get the Premium Protector as a basic insurance policy with a lot of options for additional riders at affordable premium rates. The riders can be picked as per your needs and a complete protection plan can be built for you and your loved ones.
Benefits of MCIS Premium Protector Life Insurance Plan
- The policy offers death and total and permanent disability (TPD), funeral benefits, and accidental death cover.
- You will receive triple protection in case of accidental death when commuting in public transport.
- You have the option to customise your premium payments as per your convenience.
- If you do not make any claims until maturity, you are entitled to get 105% of the premium paid without interest. This does not include the riders’ premium.
MCIS Premium Protector Life Insurance Claims
You can download the claim forms from the MCIS website. Once you fill the forms, you must complete the medical documents with the help of your doctor. Also, you must make sure that all the necessary documents are submitted along with the claim forms. You can hand this over to your agent or you can submit the forms to the nearest MCIS branch.
If you need more information on how the policy works, you can contact the customer service helpline at the number 03-7652 3388.
How to Cancel MCIS Premium Protector Life Insurance Policy?
In order to cancel your insurance policy, you must provide a written cancellation request letter to the insurer. Once you submit the letter, the insurer will initiate the cancellation of your policy based on various criteria.
Q. What are the payment modes I can use to pay the premium?
A. You can choose one of the following modes to pay your premium: credit card, auto-debit, manual deduction or direct payment.
Q. What are the riders available for the policy?
A. Several riders are available for the policy. Some of them are:
- Term Rider
- New Hospital Benefit Rider
- LadyCare Rider with/without Maternity
- Premium Waiver Rider
- Payer Benefit Rider
Q. How often should I pay the policy premium?
A. You can pay the premium on a monthly, quarterly, half-yearly or yearly basis.
Q. What modes does the term ‘public transport’ include?
A. The term ‘public transport’ includes transportation in any of air, sea or land routes with a valid license for carrying passengers. Also, the public transport must have fixed and established routes. An exception to this is transportation on a motorcycle.
Q. What are the documents required for making a death claim?
A. You have to submit the Death Claim Form along with the following documents:
- Policy document
- Doctor’s statement on Death Claim
- Proof of age
- Death Certificate
- Medical Reports, if any
Ensure that you have read the fine prints carefully before applying for the policy. In case you want to add riders to this plan, choose the ones that meet your requirement.