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Everyday, you make life altering decisions that affect your future and family. By choosing Assur Life Plus, you have the opportunity to build up capital for yourself over a period of time at a very attractive interest rate and at the same time ensuring that your family is taken care of when you are not there or if you are accidentally incapacitated from providing for them.
*(MPR is the Monetary Policy Rate of The Central Bank of Nigeria). It is subject to change.
Benefits
Assur Life Plus (ALIP) combines our risk management products with our investment services to provide the assured a unique opportunity of protection and investment at the same time
- The minimum annual contribution is N30,000; this attracts interest at a rate of MPR - 2
- The product pays annual dividend (60% of interest)
- Grants loan of up to 70% of account balance
- ALIP offers a Life Assurance / Permanent Disability benefits of 10 times annual contribution. The Assured has an option of reducing the life cover to a minimum of N100,000 or increasing it by either 10%, 20% or 30% annually.
- Termination at any time before expiration of term with a cash back of at least 60% of your contribution (see policy terms)
- Death benefit of life benefit and accumulated balance on the policy
- Eligibility: entry - 18 years; maturity - 60 years
Features:
- Flexible life and disability cover.
- Automatic yearly increase (up to 30%) of your Life/Permanent Disability cover while your contribution remains unchanged.
- Guaranteed payment of sum assured together with accumulated capital upon demise or permanent disability.
- Yearly dividend payment on investment plan.
- Critical illness cover.
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