| LSCP | LSP | PSP | LTP | LIP | |
|---|---|---|---|---|---|
| Purpose | Saving to achieve a short time goal | Saving to achieve set goals | Saving towards personal goals | Helps you hit your financial target | Helps you invest and accrue interest |
| Minimum premium | N5,000 | N10,000 | N20,000 | Subject to quotation | N500,000 |
| Policy term | 1 year | Minimum of 3 years Maximum of 20 years | Minimum of 5 years Maximum of 20 years | Minimum of 10 years Maximum of 20 years | Minimum of 1 year Maximum of 20 years |
| Tax benefits | No | No | No | No | No |
| Death Benefits | N500,000 | N500,000 | N500,000 | Targeted amount | 20% of the investment amount |
| Optional Life Cover | 18-35 (#3,750)36-45 (#5,000)46-55 (#7,500) | Subject to quotation | Subject to quotation | Subject to quotation | Not applicable |
| Interest rate | Benchmarked against bank rate | Benchmarked against bank rate | Benchmarked against bank rate | Benchmarked against bank rate | Benchmarked against bank rate |
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