Group Welfare Plan

    Features/Benefits:

    • This is a savings plan that would help achieve short term targets or as part retirement arrangement
    • Contribution could be made monthly or annually
    • Minimum monthly contribution of N5,000 and death cover up to N2,000,000
    • Guaranteed Interest rate of 4% (depending on the number of the lives assured) on savings contribution (subject to CBN MPR)
    • No deduction from savings contribution to pay for Life Cover
    • The plan pays the cash value (Savings Contribution plus Interest) at maturity of the policy
    • Upon the passing of any member of the group during the policy duration, the sum assured chosen is paid together with the cash value to beneficiary(ies)
    • Policy could, in addition, be combined with medical and funeral expenses
    • No medical examination is required
    • For death benefits, the maximum age at exit is 70 years. There is no age limit for contribution

    Please do not pay cash to/through our Financial Advisor or staff.

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    Other Product

    Group Life Assurance Plan
    The plan pays the chosen cover amount to the beneficiary of the policyholder to meet immediate financial needs…

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