LIFE HACKS

Friday, September 24

How a life savings plan can benefit you

Saving for the future is a great idea. Whether you are just saving for a rainy day or saving for your children’s future, saving allows you to be appropriately prepared for future expenses, emergencies, and plans.

What if you want something that’s even better than saving? Something that gives you more for your money. If you do, then an insurance life savings plan would suffice.

Life savings Plan

Saving when you are young and have a steady flow of income is a wise decision. Many people choose a savings account to save for their future. Although, a normal savings account is good, but, using a life savings plan is better as you could earn more interest, enjoy a free life insurance to protect your family, and importantly to save towards achieving a financial goal like buying a car or buying a house or land.

Usually, the plan starts from as low as N2,000, making it affordable. Not only do you get a savings plan, but you also get other benefits like free life insurance cover.

A life insurance cover is intended to protect your family in case of death, making it easier for the family members to maintain their standard of living, settle debts, pay for education, and do on. Everyone should have a life insurance plan, as you won’t only be saving money, but also earning superior returns on your normal savings.

A life savings plan is win-win situation and gives you more benefits than saving with traditional banks.

Other benefits of using a life savings plan are:

  • You will be comfortable if your financial circumstances change.
  • You will be financially empowered to sort your expenses.
  • You will have a financial back-up for your family in case of death.

Get a life savings plan today by clicking here or call 0700AXAMANSARD. You can also reach out to any of our financial advisors to get started