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Savings Plan
Savings Plan
This is a safety net for your future, ages 18-55! Tailor your coverage with flexible plans (5-20 years). Access funds when needed, with built-in critical illness, disability & funeral benefits and convenient payments. Secure your tomorrow, today!
![Savings Plan](/_next/image?url=%2Fimages%2Flife%2Fsavings-plan-banner.png&w=1920&q=75)
Entry age
18 years to 55 years
Maximum Age at Maturity
60 years
Policy Term
Minimum Term: 5 years
Maximum Term: 20 years
Maximum Term: 20 years
Minimum Annual Contribution
N120,000.00
Partial Withdrawal Benefit
Partial Withdrawal once in a year, up to a limit of 25% of savings account balance
Additional Riders
Sum Assured Escalation
a) 5 %
b) 10%
c) 15%
a) 5 %
b) 10%
c) 15%
Premium Payment Frequency
Offers a flexible premium payment –monthly, quarterly, bi-annually and annually.
Other plans
Mortgage Plan
This is a decreasing term assurance policy intended to ensure repayment of the mortgage loan in event of death of the Life Assured before full repayment of the mortgage loan on his house.