You can take care of your loved ones, even when you are not there around with Prime Protector life insurance policy. You can also get discounts on the premium when you choose for higher coverage.
Benefits of MCIS Prime Protector Life Insurance
You get to enjoy the following features and benefits:
- You get a guaranteed maturity benefit.
- The policy offers death and total and permanent disability (TPD) protection.
- The premiums are affordable.
- You get a reduction in the premium payable when you choose a large cover.
- You will also get a coverage term that exceeds the premium term.
MCIS Prime Protector Life Insurance Claims
To make a claim, visit the official website of MCIS and download the claim forms. You have to fill the claim forms and seek the help of a doctor to complete the medical certificates. You have to submit the claim forms, the medical certificates and other relevant documents to your agent or at the nearest MCIS branch. Your application will be processed in a period of 14 working days after receiving complete documentation.
You can dial the number 03-7652 3388 to find more information regarding Prime Protector insurance policy.
How to Cancel MCIS Prime Protector Life Insurance Policy?
You must provide a written request letter for cancelling your policy. The company will process your request and you will receive a refund of your premium paid based on various criteria.
Q. On what coverage can I expect a reduction in premium payment?
A. The insurer states that you can get a discount on the premium payment when you choose a cover of RM50,000 or more.
Q. Do I get any tax benefit for the premium paid for the policy?
A. Yes. You can get a tax relief of RM6,000 on annual life insurance premium payment.
Q. What documents must be submitted to make a TPD claim?
A. You must submit the following documents to make a TPD claim:
- TPD claim form that is filled
- Doctor’s statement on TPD claim
- Diagnostic report
- Policy document
- Age proof
- Medical certificate
Q. Is the maturity benefit guaranteed?
A. Yes. You will receive guaranteed maturity benefit if you have not made any claims during the coverage period.
Q. Does the coverage term end with the premium payment term?
A. No. The coverage term exceeds the premium payment term as per this policy.
It is recommended to read the terms and conditions thoroughly before signing up for the plan. Also, ensure that you are financially stable enough to make regular premium payments to avoid any sort of hassle in the future.