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My Savings Plan is designed to help you plan to meet your savings goals. We will help you to save for future events in your life, such as, funding your children’s education, purchasing a car, or just buying whatever you have always dreamed of.
My Savings Plan offers the dual benefits of helping you to save on a regular basis and offering protection to your family if an unfortunate event occurs.
You (the policyholder) will have protection during the term of the plan.
Minimum term of 5 years and maximum term of 10 years
The sum assured payable is N500,000.
We will refund any premium received in the event that death occurs before the commencement of the policy.
You, as the policyholder, are allowed to make monthly, quarterly, semi-annual or annual premium payments. Additional premium payments are also allowed.
To help you achieve your savings needs, the investment return credited to you is the portfolio returns less 8%.
Death caused by natural causes will be subjected to a six months waiting period from the policy commencement date
The policy allows for surrender and partial withdrawal.