Yes

Yes.  However, this will not automatically increase your sum assured

Interest is index-linked; it is MPR - 3

The maturity benefit would be applied toward payment of the primary beneficiary's school fees; the Company shall hold such monies in trust for the beneficiary, except where instructed otherwise

No.  Your beneficiaries will not be entitled to the benefits, except your account balance at the time of death

The following benefits becomes payable in case of your demise before maturity:
1.Sum assured: payable immediately (applicable only on death),
2. Family income benefit (5% of the sum assured): payable annually to your named beneficiary from the policy anniversary following the date of death up to the last payment before the maturity date, subject to a maximum payout of 100% of the sum assured,
3.Premium Waiver: contributions due on the policy will be paid by the Company into the fund until maturity,
4.Account balance: the amount standing as credit to your account at the time of maturity,

these benefits are subject to you having paid all contributions as and when due before the occurrence of any of the events mentioned above

At maturity, or anytime after two years, the value of your investment would be the account balance; i.e. the net value of all contributions less expenses plus accrued interest

No.  Part withdrawal is not allowed at anytime

There will be no cash value for termination within the first two years.  However, the policy may be surrendered after two (2) full years contribution has been paid and the policy has been in force for at least two years.

You have the right to cancel the policy within 15 days from the date of receipt of the policy document (freelook period).  If the policy is cancelled within this period, your contribution(s) would be refunded less charges incurred on account of stamp duty

Yes. You can choose any sum between � of (annual contribution x duration) and (annual contribution x duration), subject to a maximum of N10 MM

5 years

5 years

55 years

Yes, but the benefits payable under the death/permanent disablement will be withdrawn; you will be entitled to only the maturity benefit

Yes.  It could be monthly, quarterly or bi-annually

N60,000.00 per annum

1.Cover for death or permanent disablement
2.Flexible Life Cover determined by the annual contribution and duration of the plan
3.Waiver of Premium upon Death/Permanent Disability of the policy holder
4.Family income benefit, subject to 100% of Life cover
5.Guaranteed maturity value of policy
6.Investment in balanced pool

It is a fund accumulation vehicle toward financing your child's/ward's education. It also provides financial protection for the child's education in the event of your demise or total permanent disablement within the policy duration