The policy provides for the payment of a lump sum to the policyholder to meet specific future needs-such as paying of house rent, children school fees, buying of accessories etc.

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Description

The policy provides for the payment of a lump sum to the policyholder to meet specific future needs-such as paying of house rent, children school fees, buying of accessories etc.

DEATH BENEFIT

The Death Benefits under this contract is as follows: –

N 50,000.00 Death Benefit for contribution of N 120,000.00 – N 240,000.00

N 100,000.00 Death Benefit for contribution of N 241,000.00 – N 1,000,000.00

N 250,000.00 Death Benefit for contribution of N 1,000,000.00 and above

OTHER FEATURES INCLUDE:

  • Cash surrender value is for 1 year.
  • Loan facility
  • Duration is for 1 to 2 years.

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