LASACO Term Assurance
Our Term Assurance provides for the payment of the capital sum assured upon the death of the life assured within a specified period. It could be used to secure loan or provide maximum life cover during business trips.
Features of LASACO Term Assurance Policy
Flexible Premium Payment
You choose a mode of payment convenient for you i.e. Monthly, Quarterly, Half-Yearly, Yearly or Single Premium.
Settlement Schedule
The benefit is payable in three (3) installments.
Savings
An avenue for compulsory savings with absolute security
Life Cover
Provides life assurance cover to the tune of the sum assured provided premiums are paid to date
Requirements
- Completed Proposal Form
- Completed KYPH form
- Personal Identity Documents (any of one of the below will suffice)
- i. copy of Data Page of International Passport
- ii. copy of National Identity card
- iii. copy of National Driver’s License
- iv. copy of Voter’s Card
- Documentary evidence of address (any of one of the below will suffice)
- i. Recent telephone bill
- ii. Recent Electricity bill
- iii. Bank account statement
- iv. Tenancy Agreement
- Evidence of premium payment/Credit note whichever is applicable
- Annuity
- Completed Proposal Form + Passport Photograph of annuitant and beneficiaries
- Completed KYPH form
- Personal Identity Documents (any of one of the below will suffice)
- i. copy of Data Page of International Passport
- ii. copy of National Identity card
- iii. copy of National Driver’s License
- iv. copy of Voter’s Card
- Documentary evidence of address (any of one of the below will suffice)
- i. Recent telephone bill
- ii. Recent Electricity bill
- ii. Bank account statement
- iv. Tenancy Agreement
- Birth Certificate of Beneficiaries
- Copy of Statement of account (in case of conversion)
A suite of amazing policy benefits tailored to your specific needs
Tax Relief
Premium is Tax Exempt
It serves as security for loan
It can be used to secure a loan from any licensed bank in Nigeria
Waiver of Subsequent Premiums
It attracts waiver of subsequent premiums in the event of the death of the assured
CONTACT US
LASACO House,
Plot 16 Acme Road Ogba,
P.O. Box 3724
Ikeja, Lagos, Nigeria.
info@lasacoassurance.com
07000LASACO(07000527226)
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