“My family” insurance

“My family” insurance

Family future insurance solutions

Tamkeen Insurance Company offers you a package of insurance solutions for the purpose of protecting the future of subscribers’ families, and ensuring the continuity of income for these families, by protecting the family from exposure to financial hardship as a result of the provider’s (policyholder) death, which leads to income interruption or discontinuity for the family.

Coverages and Limitations:

Under the “My Family” program that secures the future of families, the company is committed to provide a compensation to ensure the continuity of income for the family in the case of the death of the provider, according to the following:

• In the event of death the Beneficiaries shall be compensated, with a coverage amount of $20,000, to be obtained by the beneficiary either in one payment or divided into annual payments for a period of 5 years commensurate with the families expenses.

The minimum age of the participant when accepting to join the program is 18 years and the maximum is 45 years.

Compensation Mechanism:

The company must be notified in-writing of the death of the insured within (90) days from the date of death, and the notification is accepted from the beneficiary or his/her legal representative. The death must be proven and the necessary documents shall be attached.

Insurance premium value: 200 shekels