What you need to know

The minimum and maximum age at entry for the main life is 18 and 59 years respectively.

The Plan covers:

• Spouse
• Biological/Dependent Children
• Biological, step or foster mother
• Biological, step or foster father
• Biological, Step or foster Parents-in-law

The cover level for you and your spouse is 100% and 50% for all other insured lives. You have the option to choose the type of cover plan (Sum Assured) preferred between GHs 20,000 to GHs 100,000.

MAIN BENEFITS

Never Lapse Feature

Policies beyond the first policy year will never lapse. Rather at the claim stage, the death benefit will be pro-rated based on the number of missed premiums.

Death Benefit

A lump sum payment equal to the Sum Assured will be paid to you or your beneficiary in the event that any of the insured lives is no more.

Waiver of Premium Benefit

Premium payment will cease if death occurs early or on the attainment of age 60. However, all the insured lives are still entitled to their benefit under the policy. The waiver of premium benefit applies if the policyholder is aged 18 to 50 at the time of policy inception. If the policy has a benefit escalator, it will cease when this benefit takes effect.

Return of Premium

If any of the covered lives die during the waiting period and the policy is active, the total premium paid on behalf of this life will be refunded less the policy fee.

Coverage – Max Life

Except for Children who fall off cover at age 25, the coverage under this policy will cease to be in force for any of the insured lives after age 120.

Grocery & Airtime Vouchers Benefit

A grocery voucher worth 1% of the death benefit of the main life will be provided monthly for a period of 3 months on the death of any of the covered lives.

An airtime voucher of GHS 100 will also be provided on the death of any of the covered lives.