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EXECUTIVE FLEXIBLE ASSURANCE SCHEME

What is Executive Flexible Assurance Scheme?

Executive Flexible Assurance Scheme (EFAS) is an investment linked Assurance Scheme that is strategically designed to meet your immediate and future financial and life insurance needs. The unique feature of this scheme is that it provides you life cover with the payment of your regular contributions.

What are the Benefits of the Scheme?

  • Guaranteed income to meet immediate and future needs.
  • Lump sum fund to execute desired project.
  • Financial protection for dependants before maturity.
  • A robust guaranteed return on fund.
  • Tax relief on investment.
  • Policy can be used as collateral for other transactions.
  • A free life cover.
  • Free financial advisory service.
  • Superior and personalized customer service.
  • Security of fund.

What are the features of the Scheme?

  • It is a short term plan that can be taken for two year
  • No medical examination is required
  • Payment can be made on monthly, quarterly, half-yearly and yearly basis.
  • Contributions can be increased from time to time
  • Maturity value can be re-invested.

Investment Options:

Option (A)

Minimum Annual Contribution: N 1,200,000.00 (Monthly Contribution: N 100,000 & above)

Maximum Contribution: Unlimited

Guaranteed Return: 5% subject to prevailing market rate.

Life Assurance Benefit: N 1,500,000.00

Option (B)

Minimum Annual Contribution: N 720, 000.00 (Monthly Contribution: N 60,000 - 99,999.99)

Maximum Contribution: N 1,199,999.99

Guaranteed Return: 4 % subject to prevailing market rate.

Life Assurance Benefit: N 1,000,000.00

Option (C)

Minimum Annual Contribution: N 480,000.00 (MonthlyContribution: N 40,000- 59,999.99)

Maximum Contribution: N 719,999.00

Guaranteed Return: 3% subject to prevailing market rate.

Life Assurance Benefit: N 750,000.00

Kindly fill our proposal form and pay your deposit premium for your immediate enjoyment of our outstanding Life Cover

   

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