DEPOSIT LINKED ASSURANCE SCHEME
What is the Scheme and for whom?
Standard Alliance Life Deposit-Linked Assurance Scheme is a life assurance product that entitles individual investors to a guaranteed and regular interest income along with a life insurance cover. The unique feature of the scheme is that it affords you flexibility of withdrawing capital investment at short notice without suffering undue loss.
The scheme is designed for and is being offered exclusively to high net worth individuals seeking to use life assurance as an added security for the family.
Benefits
- Guaranteed regular return on investment
- Highly flexible
- Value for life
- Security of Fund
- Certificate is accepted by banks as security against loans
Features
- Minimum Investment: N250, 000 .00
- Tenor: Life
- Minimum duration of 5years
Return: up to 6% per annum and determined by the prevailing market rate.
- Life Assurance Benefits: 4 time the amount of deposit subject to a maximum of N10 million. This is payable plus interest deposit of 2.5million naira in case of death to specified beneficiaries. Beneficiaries may include, but are not limited to immediate family and other dependants.
- Withdrawal: You can withdraw from the scheme at short notice with penalty payable.
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