Insurance Scheme page
TAG Insurance Scheme
What Is DriveLIFE Group Plan
It’s a Group Life Protection with Retirement Scheme that
encourages regular savings while enjoying life insurance and
retirement benefits during active work and in retirement.
Who is Covered
The Driver, Conductor (Driver’s Mate), Association Official, Filling
Station Worker, Garage and Spare-parts dealer who is in active
service, and earns regular income, must be in good health, and one
(1) nominated family member.
What is Covered
The retirement contribution is credited to two separate sub-account for each member:
- 30% to a Personal Savings Account with Two (2) years maturity period.
- 70% to a Retirement Account with Five (5) years or more maturity period.
Members can access a maximum of 80% of the contributors’ Personal Savings Accounts every two (2) years
After all monthly deductions are made, the remaining amount is placed in the subscriber’s virtual Mobile Money Wallet Account which can be accessed every one (1) year.
How to Make a Claim
You can easily file a claim by dialling *752# on your phone to initiate
the claim process and by choosing claim options for Funeral
Benefit, Hospital Admission Cash, Accidental Hospital Cash and
Retirement Benefit.
Valid claims are processed and paid promptly within One (1) week
How Do I Pay My Contributions
Please, keep a minimum amount in your mobile wallet for your
daily or weekly auto-debit contributions regularly.
Get Signup using the following Steps
Our USSD code*752# is Fast and easy to use
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