Life Insurance
Start a savings plan, achieve your financial goals
Save money towards any financial target such as buying a car, buying land or going on vacation. Saving money in this plan gives you free life insurance cover up to N1million.
Life Savings plan helps you save money towards achieving any financial target such as buying a car or land, while earning competitive interest rate and free life insurance cover, up to N1million.
The FREE life insurance cover is important to support yourself and loved ones, if unforeseen circumstances like permanent disability or death occurs.
You can start saving as little as N1,000 monthly. Request a free life savings quote to know how much life insurance you will get with your monthly savings.
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 |
Stay in the picture, enjoy living benefits today courtesy our life insurance plans