Payment Plan

With A & G 150% payment plan you can enjoy the guaranteed sum assured through our three installments payments whilst the policy holder is living and the policy is still running.

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Description

With A & G 150% payment plan you can enjoy the guaranteed sum assured through our three installments payments whilst the policy holder is living and the policy is still running.

Benefits:

Offer policy holder tax rebate on investment.
It is a profit savings and protection plan.
Partial payment due and left with the company will attract interest rate equal to 80% of the average annual Treasury bill rate.
Death occurring before the maturity date of the policy attracts 100% of the guarantee sum assured together with the accrued bonus even though 1st and 2nd installments of the guarantee sum assured have been paid.
Surrender value is payable after two years of the policy being in force should the policy holder decide to withdraw.
100% of the guaranteed sum assured plus accrued bonus is paid at the due maturity date.
Features:
The policy is with a profit savings and protection plan that pays: 1st installments of 25% of the guaranteed sum assured at the end of the one-third of the policy duration, 2nd installments of another 25% of the guaranteed sum assured together with any accrued bonuses at the policy maturity date.
Policy duration available is 9; 12; 15; 18; 21 and 24 years
Premium is paid annually, biannually, quarterly or monthly
Statement of account provided on request.

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