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We are an award winning insurer giving you access to world class services and protection
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Life Savings gives you:

 

 

Superior returns plus free life cover with a monthly contribution as low as ₦1,000.

Life Savings plan gives you the opportunity to earn better interest on your savings than the ordinary savings account offer and at the same time enjoy a FREE life insurance cover of up to ₦1million

Life Savings is intended as a medium/long terms savings plan, so part or total liquidation before the first 12months of initiation will result in loss of interest that has accrued.

 

  • Superior yield on savings
  • Free Life Cover up to ₦1million
  • Can be used to meet future needs
  • Affordable monthly savings of as low as ₦1,000

This plan runs for a minimum of one year and the returns/interest accrued at the end of the desired tenure is benchmarked using the CBN savings rate. See below the different contribution bands, projected interest rates and applicable FREE Life Cover.

Monthly Savings (₦) Benchmark & Rate Free Life Cover (₦)
1,000 - 1,999 CBN Savings rate + 2.75% 50,000
2,000 - 4,999 CBN Savings rate + 2.75% 100,000
5,000 - 9,999 CBN Savings rate + 2.75% 200,000
10,000 - 24,999 CBN Savings rate + 2.75% 300,000
25,000 - 49,999 CBN Savings rate + 2.75% 500,000
50,000 and Above CBN Savings rate + 2.75% 1,000,000

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Your quote

Here's your Life Savings Quote

Monthly Savings
Period
Total Savings
Expected Interest
Expected Future Value (Total Savings + Interest)
Free Life Insurance Cover (Payable to beneficiaries)

* Kindly note that the interest earned displayed is benchmarked using the CBN savings rate and it is subject to change as determined by the Central Bank of Nigeria


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