All Life Business Policies

Children Education Assurance Policy

February 26, 2014 | posted in: All Life Business Policies, Investment Menu | by

This policy is designed to help parents/guardians save towards funding of their children education. The scheme guarantees the non-interruption of the child’s education whether the parents or guardians are alive or not.

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Mortgage Protection Assurance

January 30, 2014 | posted in: All Life Business Policies, Life Menu | by

Do you have a mortgage on your house or an outstanding bank loan? Then this is the contract to ensure payment of the outstanding amount in case of untimely death of the mortgagor/borrower.

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Whole Life Assurance

January 30, 2014 | posted in: All Life Business Policies, Life Menu | by

This policy ensures payment of a capital sum to the dependants on the death of the life assured whenever that may occur. Premiums are payable throughout the life time of the life assured though it can be arranged for premiums to cease at a selected age usually retirement age e. g. 50, 55 and 60..

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Term

January 30, 2014 | posted in: All Life Business Policies, Life Menu | by

Term or Temporary Assurance is a short period contract. It provides for the payment of the capital sum assured on death of the life assured within a specified period. It is useful as a collateral security for loan or to secure maximum life cover during business trips.

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Investment Linked Policy

January 30, 2014 | posted in: All Life Business Policies, Investment Menu | by

This has dual maturity ages i.e, age 55 or 60. It pays lump sum benefit at early death or at maturity. The motive is to augment the gratuity receivable by a retiree with the lump sum provided by the policy. The features and benefits are listed below: Features: Flexible premium payment Provides life assurance cover..

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LASACO Education Plan

January 30, 2014 | posted in: All Life Business Policies | by

This plan provides funds for the payment of school fees in the event of death of the sponsor, or lump sum benefit to the assured at maturity. The features and benefits are specified below Features: Flexible premium payment An avenue for compulsory saving with absolute security Minimum tenure of 5 years Flexible duration above 5..

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Lasaco Anticipated Plan

January 30, 2014 | posted in: All Life Business Policies, Investment Menu | by

This is a three payment plan it has flexible terms and a minimum duration of nine years, it pays the account balance less accumulated value of installment withdrawal (s) at maturity. The features and benefits are as shown below: Features: PLAN DURATION: The plan is available for 9, 12, 15, 18, 21 and 24 years..

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Lasaco Investment Plan

January 30, 2014 | posted in: All Life Business Policies, Investment Menu | by

This policy has flexible terms and a minimum duration of five years. It pays lump sum benefit at early death or at maturity. The features and benefits are listed below: Features: Flexible premium payment. Minimum tenure of five years. Provides for cash withdrawal of 40% of the account balance only after two years. Hedges against..

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Authorised and Regulated by the National Insurance Commission (RIC 023)