The minimum age is eighteen (18) years
After the first premium is paid, proposal can be processed almost immediately for a policy document.
Yes; you can have as many policies as you and your spouse want provided you have the ability to pay for them.
After one year, the policyholder can apply for a policy loan. Partial withdrawal can be accessed after two (2) years.
On each policy anniversary, a statement is sent to the policyholder. Clients may however request a policy statement at anytime.
The following can be changed on the policy;
- Address
- Beneficiary
- Sum Assured
- Premium Amount
- Age*
- Name*
- Signature
Please note that the items with asterix will require documentary proof.
You can make a claim in any of our offices which are located in all the regions.
You can make your claim without the services of a Lawyer. Claims are processed within a maximum of three (3) hours
You can name as many beneficiaries as you wish.
Named beneficiaries need a CERTIFICATE OF CAUSE OF DEATH and the POLICY DOCUMENT to make a death claim. In the absence of these, certification of death by a prominent person such as a Chief, a Cleric or Imam may be accepted.
At maturity the policyholder may elect to have the benefit paid as a lump sum or by installments after he/she has submitted the policy document together with an application for the benefit.
The policy will remain in force for as long as there are sufficient funds in the account to sustain it.
Yes, you can have more than one Life policy.
Premiums may be paid by cash or cheque, or through payroll deduction, or direct debit through banks, and by means of the Controller & Accountant-General deduction scheme available to workers on Government payroll.
We have offices in all the regions. Our products can be obtained through our sales representatives and from our offices in all the regions. Please see the CONTACT US page for details.
