Flex Life Provider
Flexi Insurance is a life insurance product that combines financial savings for the policyholder with life protection for their dependents. It provides a structured payout and security in the event of death before policy...
About this cover
Flexi Insurance is a life insurance product that combines financial savings for the policyholder with life protection for their dependents. It provides a structured payout and security in the event of death before policy maturity, as well as a savings benefit upon policy completion.
Key Features of Flexi Insurance:
- Policy tenure: 9 years
- Sum assured payable in three instalments
- Includes both death and savings benefits
- Premiums calculated based on the age of the life assured
- Standard rate applied to the sum assured
- Lock-in period: 2 years
Eligibility:
Flexi Insurance is available to all individuals with an insurable interest who have the financial capacity to purchase the product. It is designed for those seeking a flexible savings and protection solution over a medium-term period.
Terms
- Cover begins once payment is complete and the certificate is issued.
- Claims are settled in line with the terms of your policy.
- NIC is registered and regulated by the Tanzania Insurance Regulatory Authority (TIRA).
This is a summary. The full terms are set out in the policy document you receive, and that document is what governs your cover.