Savelife Insurance
Savelife is an affordable life insurance cover to protect your family’s future in the event of death or permanent disability.
Features
- It is a term assurance product, not an investment so cover is only over a pre-agreed tenor
- Can provide protection for an interest only mortgage
- Flexibilty – Cover amount can be increased anytime, but will affect premiums
- Premium depends on several factors: age, sex, occupation, health, level of cover
Benefits
- Death benefit – in event of death, beneficiaries receive lump sum payment
- Burial expenses – Additional sum paid to offset funeral expenses *
- Covers permanent disability resulting from motorcycle, riot & civil commotion up to NGN 200,000 *