The Sacos Exclusive Plan has been one of the most favoured insurance taken by women in Seychelles. It is one of the term insurance policies which pays out survival benefits at regular intervals throughout the policy term.
The most unique feature about the Sacos Exclusive Plan is that it pays the survival benefits every three years, the shortest period to get a return on your life insurance. In addition, the insured receives the full sum assured at the end of the policy term as well as the last cash installment on the policy.
An example: A 21 year old woman takes out a SCR100,000 policy for a period of 24 years.
At the end of Year 3, she receives SCR8,000 (8% of the sum assured).
At the end of Year 6, she receives SCR10,000 (10% of the sum assured).
At the end of Year 9, she receives SCR12,000 (12% of the sum assured).
At the end of Year 12, she receives SCR14,000 (14% of the sum assured).
At the end of Year 15, she receives SCR16,000 (16% of the sum assured).
At the end of Year 18, she receives SCR18,000 (18% of the sum assured).
At the end of Year 21, she receives SCR20,000 (20% of the sum assured).
At the end of Year 24, she receives SCR22,000 (22% of the sum assured) and SCR100,000 (full sum assured).
Useful tips:
- Eligible to anyone aged between 18 and 55 years.
- Has a fixed period of 12, 15, 18, 21 and 24 years.
- In case of death, the full sum assured is paid to the beneficiary/
- In case of Permanent and Total Disablement, the full sum assured is paid to the insured person.
- Cash policy advance is available with the policy.
- Bonuses is available with the policy.
For more information on Sacos Exclusive Plan, call us on +248 4295000 or send an email to life@sacos.sc or request a quote via our website.