Savings Plan

Our Savings Plan is the ultimate financial plan for those with genuine desire to achieve various categories of annual goals

The plan comes in three (3) variants: (Silver, Gold and Platinum) while contributions to the plan are monthly with a minimum monthly contribution of N10, 000.00 and minimum policy duration of 24 months.

Product Feature

  • Minimum monthly savings of N10,000.00 (Silver plan).
  • Minimum monthly savings of N20,000.00 (Gold plan).
  • Minimum monthly savings of N250,000.00 (Platinum plan).
  • Minimum duration of 24 months.
  • No medical test required.
  • Contribution can be monthly, quarterly or half yearly.
  • Plan can be arranged to suit your vacation programme.

 

  • An attractive interest rate of 5%.
  • Sixth month surrender option to the total savings.
  • A cheap insurance provision is attached to cover.
  • The minimum insurance protection payable in case of death of the policyholder is N500, 000.00 while the maximum sum payable is N2, 000,000.00 depending on the plan chosen.
  • A cheap life cover premium payment is paid once for the minimum duration.
  • Affordable and economical for an average saver with a minimum two year premium of N16,104.00.

Benefits

  • Assist to save for the future.
  • Supervisory support is given to ensure fulfillment of goal
  • An attractive rate of interest at 5% above the minimum bank savings rate.
  • A maximum of 2 million Naira is paid as sum assured (according to contribution made)
  • Discourages withdrawal to ensure goal is achieved.
  • It could serve as additional security to secure loan.
  • Two times account balance is paid at death (i.e. sum assured plus account balance at death).
Silver Gold Platinum
Monthly Contribution 10,000.00 – 19,999.99 20,000.00 – 249,000.00 250,000.00+
Sum Assured 500,000.00 1,000,000.00 2,000,000.00
Guaranteed Interest 5% 5% 5%
Life Premium 16,104.00 25,944.00 45,624.00