OBJECTIVE
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: GH¢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 accumulated fund.
- Partial Withdrawals: Access up to 50% or 60% of accumulated fund.
- Surrender charges are applicable depending on the number of years from inception
BENEFITS
- Maturity Benefit
- Death Benefit
- Optional Benefits
- Personal Accident - Total Permanent Disability (TPD) / Total Temporary Disability (TTD)
- Critical Illness (CI)
- Hospitalisation
SETTLEMENT OPTIONS AT RETIREMENT (age 60)
- Lump Sum
- Periodic payments as advised by the policyholder
For further information, contact accredited sales representatives, any SIC LIFE Office near you or the offices listed on this site.
