Standard Alliance Life ACCUMULATOR SCHEME
What is the Plan and for whom?
The SLAS is a savings-linked life product under which participants make a fixed monthly savings, which then entitle them to a life cover.
Features of the Plan
- Monthly Savings: Minimum of =N=10,000.00.
- Tenor: 5 years
- Return: Competitive Guaranteed Minimum return per annum subject to prevailing market rate.
- Life Assurance cover available.
Benefits: 2 times of Total Monthly Savings payable on death to named beneficiaries subject to a maximum of =N=2 million
- Withdrawal: Flexibility to withdraw from the scheme anytime after commencement with penalty payable
Statements shall be issued to participants.
BENEFIT
- Guaranteed Accumulated Fund
- Guaranteed regular return on investment
- Highly flexible
- Life assurance cover
- Security of Fund
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