Everyone needs some form of financial security for the future. Our life insurance plans give you two levels of security for your peace of mind. You can make a savings plan for yourself and/or provide for your loved ones in the event you are no longer around.
Benefits of this Plan:
> On survival to the end of the term, the sum assured and accrued bonuses are payable;
> On death and/or Total and permanent Disablement of the parent, Sacos continues to pay the premium.
> On death and/or Total and permanent Disablement of the child, the parent will get the full death or Total and permanent Disablement of the child. Refer to table above.
> Many clients prefer to choose a with-profits plan as it attracts an annual bonus.
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All ordinary policy holders (ordinary plans) may be granted an advance against their respective plan based on a cash surrender value at the time of application. The policy advance is repayable in accordance with our terms and conditions.