The TokioMarine-LifeTreasure is a whole-life non-participating insurance plan offered by Tokio Marine Insurance Group. The plan comes with a flexible coverage level and fixed premiums throughout the term period.
Features and Benefits
The features and benefits associated with the policy are listed below:
- The policy provides coverage against accidental and non-accidental death.
- The plan comes with a maturity benefit.
- The policy’s premiums stay fixed throughout the tenure.
- The policy provides you with a whole-life protection.
- The plan comes with an affordable range of monthly premiums starting from as low as RM120.
- Increase the level of coverage by paying a premium of RM480.
- The plan doesn’t require you to take up a medical check-up before taking up the policy.
If you are 45 to 75 years old, you are eligible to purchase this policy.
The insurance sum associated depends upon your age at the time of enrolment to this policy.
You can make the claim for this policy by filling out the claims form available on the official website of Tokio Marine Insurance Group. You can also obtain the claims form from customer service department of the institute or by requesting for the same telephonically. You are then required to fill the form and submit it with the documents supporting the claim to the institution.
You can reach out to the institution telephonically via its customer service number +603-2059 6188 in order to get further details regarding the plan.
How to Cancel TokioMarine-LifeTreasure
Once you receive the policy, you will get a review period of 15 days. If you don’t find the plan suitable for you, you can cancel the plan and return the policy. In this case, any premium paid on the policy will be refunded.
Q. What is the maximum age assured associated with this policy?
A. The policy covers up to 99 years of age.
Q. Is this policy eligible for a tax relaxation?
A. Yes, the policy is eligible for tax relaxation up to RM6,000. Please note that this is subject to approval of the Inland Revenue Board.
Q. What are the exclusions in this policy?
A. The plan doesn’t cover death caused by suicide and HIV infection.
Q. How do I make the payment for TokioMarine-LifeTreasure policy?
A. You can pay for the plan via cash, cheque, credit cards, and auto-debit method.
Q. What are the ways I can purchase this policy by?
A. You can purchase the policy at the nearest Tokio Marine Insurance Group branch. You can also contact the institution with a request for the policy through its customer service numbers.
Go through the terms and conditions in minute detail before signing up. Make sure that you use the policy to the fullest to cement your and your family’s future.