FlexiCash

Life Cover

• In case of death during the duration of the policy, there is a guaranteed funeral expense benefit payable to the beneficiary
• This Guaranteed Funeral Expense benefit is equal to premium payable during the duration of the policy subject to a minimum of N100,000 and a maximum of N500,000
• Accidental Death Benefit: 200% of the total premium paid is payable for the entire period of cover, subject to a maximum limit of N5,000,000
• Minimum monthly premium of N5,000
• Maximum age at maturity: 65 years
• Minimum policy term: 5 years
• Maximum policy term: 20 years
• Optional Inflation Protector benefit of either 5% or 10% for additional premium
• Premium payment mode: Monthly/Quarterly/Half Yearly/Annually/Single Premium
• Provide tax free lump sum at the end of the selected policy duration
• Grace Period: There is a grace period of 30 days for payment of premium
• A risk premium would be deducted from your regular contribution to provide for your life cover

Maturity Benefit:

At maturity, you will receive full refund of investment premiums and accrued interest on your contribution

Surrender Value:

Your policy can be surrendered for cash if it has been in force and premium has been paid in full. The amount payable shall be subject to a surrender charge.

Eligibility Criteria:

• Minimum age at entry: 18 years
• Maximum age at entry: 60 years