Welcome to Leadway Group : Customised Products

LEADWAY LOAN GUARD – Extra Peace of Mind for you

Description:

In most credit transactions, we overlook one of the few certainties of life. Death could occur at the most unexpected time and circumstances. It is important to rest assured that no matter the circumstances one faces in their lifetime, your assets are safe and not in jeopardy from a lender. It is that peace of mind that Leadway is offering in our new “Leadway Loan Guard” cover.

Leadway Loan Guard is specially designed to protect your assets from recovery by a lender in the event of death during a loan term if such property is linked as security to the loan. The policy also extends to providing with you a sum if you become terminally or critically ill and cannot continue to sustain future earnings. This amount is a percentage of the total sum due and depends on the ailment.

Extra peace of mind for you!

THE PRODUCT

The Leadway Loan Guard works very simply!

It provides payment of a lump sum known as the sum assured if the policyholder dies during the term of the policy. This amount is then used to offset the outstanding loan from a named financial institute to the extent of the amount outstanding at the time of the claim.

The Leadway Loan Guard is designed to safe guard your assets that maybe linked as security to a loan in the event of your demise during a loan term. The cover extends to certain named critical and terminal ailments that may impair your ability to sustain future earnings by the payment if a percentage of the death-cover depending on the ailment.

PEARL – A LEADWAY PERSONAL RETIREMENT PLAN

Description:

This is uniquely designed for the high networth individuals, professionals and self-employed who are in non-pensionable jobs or as an addition to retirement benefits under a normal pension scheme. It is purely a savings plan made possible for these categories of people to enable them live a useful life after retirement with the accumulated disposable income they labored for and saved when the energy to run around was still there.

The PEARL policy, though a pension plan, could also be combined with a term assurance, which provides a death benefit to the dependants of the plan holder in the advent of death before retirement. Thus it gives the insuring public the option of a pure saving with or without the combination of term assurance.

The minimum duration of this policy is five years and the maximum could be as long as the plan holder is actively involved in his job or profession. The minimum premium payable is N10, 000.00 and this could be paid annually, half yearly or quarterly. However, for those who want to pay monthly, the premium is N5, 000.00. The effective cost of the product to the policyholder is 75% of the premium payable since he will recoup 25% of the premium through tax relief.

COMFORT 5 - The Dependant Policy for your family

Description:

Comfort 5 is the dependant policy that costs only N9,000 per annum and assures swift financial comfort to your loved ones. Providing them with the lump sum of N250,000 within five (5) working days of concluding a claim in case of death and a guaranteed payment of N1.2 million paid in quarterly installments of N30,000 for the next 10 years. Click for more...