Monthly premium as low as N10,000
Minimum policy term is 5 years; this gives you more time to save and grow your funds towards future school expenses.
Premium payment frequency could be Monthly, Quarterly, Biannually or Annually.
There is optional cover for critical illness and/or accidental total permanent disability and if any of these or death occurs before the end of the policy term, the accumulated amount, accrued interest and benefits (Sum assured) is paid to the beneficiary.
Duly filled proposal form
Valid means of identification
Passport photograph
Q: How is the Policy different from a usual bank savings product?
A: Over and on top of your savings account, the policy offers you cover against death, critical illnesses and accidental total and permanent disablement.
Q: When can I take money out on the policy?
A: You can take a loan on the policy at any time and you can repay the loan in accordance with the loan agreement. Partial Surrenders are allowed under this product provided that the policy has been in force for a minimum of 1 year subject to a minimum amount of N50,000, a maximum amount of 25% of the policy value and limit of one partial surrender in each year. You may surrender the policy at any time subject to surrender penalties.
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