Diamond Plan
A universal life insurance policy designed for members of organized groups and associations, combining life protection, savings accumulation, and retirement benefits.
Introduction
The Diamond Plan offers comprehensive financial security by blending life insurance with savings and retirement benefits. It is tailored for members of recognized groups and associations.
Features
- Life insurance cover with savings accumulation
- Accelerated death benefit for terminal or critical illness
- Optional riders: Waiver of Premium, Additional Insureds Rider, Accidental Death and Disability Rider
- Minimum monthly premium of GH¢200
- Waiting period: 3 months for natural death or disability (none for accidental causes)
Benefits
- Combines protection and savings
- Financial support for critical illness
- Flexible coverage with optional riders
- Retirement planning through savings accumulation