My Life

My Life is a protection plan that gives peace of mind to you and your loved ones by paying a benefit on death of the policyholder during the policy term.

 

 

Benefits

  • Death Benefit
    • In the event of death during the policy term, we will pay the sum assured to your nominated beneficiary/beneficiaries or guardian or to your estate in case there is/are no nominated beneficiary/beneficiaries.
  • PERMANENT DISABILITY BENEFITS
    • In the event that the policyholder becomes permanently disabled while the policy is still active and the waiting period has been satisfied, we will pay the sum assured or a percentage of the sum assured depending on the severity of the disability as determined by the doctor.
  • CRITICAL ILLNESS BENEFITS
    • In the event that the policy holder is diagnosed with a critical illness while the policy is still active and the waiting period has been satisfied, we will pay a maximum 50% of the sum assured based on the degree of illness.
  • LOYALTY CASH BACK
    • Where the policyholder survives till the end of the policy term and premiums have been paid to date, 50% of the total premiums paid under the plan is refunded to the policyholder.

PRODUCT FEATURES  

LIVES COVERED

The policyholder is covered will have protection during the term of this plan.

SUM ASSURED

The minimum sum assured for the policyholder is N2,000,000 and there is no maximum.

POLICY TERM

The minimum term is 5 years.

SURRENDER VALUE BENEFIT

The policy does not provide any cash value in the event of surrender.