Individual Life Products
GREAT SAVERS DELIGHT (GSD)
This is a high yielding investment-linked insurance policy designed to enable each investor accumulate savings for a period of twelve (12) months before collecting the investment proceeds to meet the targeted purpose. The funds so accumulated can be rolled over for another year or two to terminate at the maximum maturity period of three years. *The minimum monthly contribution is N2,500.00
KEYMAN ASSURANCE POLICY
Keyman policy is a term assurance taken out by a business concern on the life of an employee who is vital to the continued profitability of the business. The policy provides the business with financial compensation in the event of death of the employee before retirement. The sum assured under the policy would be the amount required to provide compensation for the business as regards (1) expenses that will be incurred in securing and training a successor (2) an estimate of the pre-tax profit (3) payment of outstanding loan balance.
TERM ASSURANCE POLICY
This policy provides for the payment of the sum assured in the event of death of the policyholder within the term of the policy or the specified period of time.
Credit Life Policy is a contract of Life Assurance designed to protect the provider of a loan as well as the dependents of the borrower in the event of death or total disablement of the borrower before full repayment of the loan. In other words, this assurance cover is designed to secure all creditors against the risk of death or total disablement of the loan holder. It is also meant to protect the policyholder's dependents from the financial consequences of the inability to repay the loan outstanding as a result of the death of the breadwinner.
Anticipated endowment also known as three (3) payment plans is an investment vehicle through which fund is accumulated over a period of time and the benefit of the investment being enjoyed in three installments of 30%, 30% & 100%. Also to be enjoyed is a disability cover and waiver of premium benefit in the event of permanent disablement. In the event of premature death a guaranteed life cover benefit is payable.
INVESTMENT-LINKED EDUCATION PLAN
Investment-linked Education Policy affords the opportunity to build up funds for the future education of children. Many parents are regularly confronted with the challenges of providing for the education of their children and building the education fund requires one form of investment or the other.
OTHER INDIVIDUAL LIFE PRODUCTS
Educational Endowment Assurance
Professional Investment Plan
Mortgage Protection Assurance
Group Education Policy/ School Fees Plan