Ultimate Family Security Plan
With this plan, the policyholder can save money while having life insurance coverage. It allows you to accumulate wealth for your family's future security.
Introduction
With this plan, the policyholder can save money while having life insurance coverage. It allows you to accumulate wealth for your family's future security.
Features
- Entry Age: 18 - 55 years
- Term: Up to the policyholder attaining the age of 60 years
- Premium: Monthly minimum of GH₵60
- Sum Assured: CH₵5,000 - GH₵20,000
- Inflation Protector: An annual premium increment ranging from 5% to 30% will trigger a relative annual increase in the Sum Assured to protect the insurance cover from eroding due to inflation
- Policy Loan: Access up to 80% of the accumulated fund
- Partial Withdrawals: Access up to 50% or 60% of the accumulated fund
- Surrender charges are applicable depending on the number of years from inception
Benefits
Main Benefits:
- Maturity Benefit
- Death Benefit
Optional Benefits:
- Personal Accident Total Permanent Disability (TPD) / Total Temporary Disability (TTD)
- Critical Illness (Cl)
- Hospitalisation
Settlement Options at Retirement (age 60)
- Lump Sum
- Periodic payments as advised by the policyholder