The Endowment Assurance Plan is a long term life insurance policy which combines protection for your family with savings. The longer the term, the more protection you get.

The sum assured is payable upon survival of the policyholder i.e. on the maturity date.

The sum assured will be payable to the beneficiary in the event of death or total and permanent disability of the policyholder during the term of the plan.

The Sacos Junior Plan incorporates both savings and protection for children. It is available for children from birth to age 11.

The minimum term is 10 years and the maximum age at maturity is 21 years.

On survival of the child to maturity, the full sum assured together with accrued bonuses are paid.

In the event of the death of the child before the age of 6, we pay a percentage of the sum assured in accordance with a published table of benefits. Beyond the age of 6, we pay the whole sum assured to the parent or legal guardian upon death of the child.

If the life proposer passes away during the term of the plan, Sacos will continue to pay the premium up to maturity.

The Exclusive Plan provides both future financial security and regular cash facility to the policyholder.

The plan pays out a percentage of the sum assured very three until maturity.

The full sum assured plus accrued bonuses is payable upon maturity.

On death during the term, the full sum assured and bonuses accrued as at date of death is payable.

The Special Endowment Assurance Plan is a unique plan, which effectively combines savings and security with investment.

On survival to the end of every five years, 15% of the sum assured of the plan is payable.

Upon maturity, the survival benefits already paid will be deducted from the sum assured.

On death during the term of the plan, the full sum assured (without deduction of the survival benefits already paid) plus accrued bonuses is payable to the beneficiary or beneficiaries.