Life Anticipated Endowment

This policy offers the policyholder guaranteed investment returns and protection. The policy has been designed to give the policyholder the opportunity to receive the sum assured in three instalments.
The first instalment of 25% or 30% of the guaranteed sum assured is paid at the end of one-third of the policy term. The second 25% or 30% of the guaranteed sum assured is paid at the end of two-third of the policy term.
Depending on the option selected, at maturity 50% or 100% of the guaranteed sum assured plus accrued bonuses would be paid.
Features
-The policy term ranges from 6 to 15years
-Maximum entry age is 60 years
-Minimum sum assured (phase value) is N500,000
-Multiple payment options: annually, half-yearly, quarterly, or monthly.
-Tax relief on premium paid.
-The premium payable remians the same throughout the term of the policy
-Regularly (annually) add a simple reversionary bonus of 2% of the guaranteed sum assured, which is 20-30% of premium paid
-Interest free loan is available after the policy has acquired surrender value (at 2nd year)
-The policy could serve as collateral for loan
-Designed as a hedge against inflation
-Payment of policy proceeds according to the policyholder's specification.
Disability Waiver of Premium
This guarantees that should the assured become totally and permanently disabled, the Company will waive all future premiums due on the policy and the sum assured will be paid in line with the original terms of the contract.