LASACO Investment Linked
Combines investment with life protection, has dual maturity ages 55 & 60 years, pays lump sum benefit at early death or maturity & augments retirement benefits
Features of Investment Linked Policy
Flexible Premium Payment
You choose a mode of payment convenient for you i.e. Monthly, Quarterly, Half-Yearly, Yearly or Single Premium.
Termination of the contract
This policy allows for termination of contract before 2 years subject to administrative charge of 5% of the account balance
Matures at age 55 or 60
This policy provides for maturity age of 55 or 60 years
Death before Maturity
If death occurs before the maturity date, the beneficiary shall receive 90% of total contributions paid and basic sum assured
Hedges against inflation
Our Investment Plan protects you against a decrease in the real value of money.
Minimum tenure of 5 years
At the end of the policy term, the policyholder shall receive the basic sum assured plus the accrued interest
A suite of amazing policy benefits tailored to your specific needs
Security of savings
Your investment is 100% safe and secure with us. Our investment-linked Policy is a policy that combines investment and protection.
Serves as Security for Loan
You can take a loan from any accredited bank in Nigeria and use your Investment Linked policy as a security for the loan.
Provides additional benefit in the event of death by accident
In the event of death by accident, your Investment Linked plan provides an additional benefit which includes payment to beneficiaries
High Rate of Return
The interest rate on our Investment Linked policy is high and competitive
Premium is Tax Exempt
The policy can be used as personal pension plan
This policy matures at 55 or 60. So it can also act as your personal pension fund or fund for your business after retirement.
Provides for policy loan for an amount not more than 90% of the account balance after 2 years premiums have been paid.