In addition to the main policyholder, the following people can also be covered upon the payment of an additional premium:

• ​Spouse (multiple spouses allowed)
• Siblings (aged over 18years)
• ​Parents and Parents-in-law

This policy remains active for as long as the policyholder is alive and all regular premiums are paid as and when due.

For the policyholder

• Minimum sum assured is N5,000,000
• Maximum sum assured is N100,000,000

For additional people

• Spouse-maximum 100% of the policyholder’s sum assured
• Others-minimum 50% of the policyholder’s sum assured subject to a maximum of N10million

Increases and decreases to sum assured are allowed subject to the maximum sum assured.

• ​Policyholder minimum entry age: 18 years and maximum of 65 years
• Spouse maximum age: 60 years
  – Siblings maximum age: 60 years
  – Parents maximum age: 74 years

DEATH BENEFIT
The death benefit is the sum assured payable as set out above.

ACCIDENTAL DEATH BENEFIT
If the policyholder passes away due to an accident twice the sum assured is payable.

ADDITIONAL BENEFITS
o A grocery benefit.
o Monthly family support income.

If the policy has been in-force for 5 years the policy will not lapse.

• The premium is computed based on the age of the persons covered
• The Premiums are based on the age of the people covered.

The Policyholder will be allowed to make monthly, quarterly, semi-annual or annual premium payments.

There will be a 6 months waiting period for non-accidental death from the start of the policy.