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.
The Sacos Whole Life Assurance Plan provides cover throughout your lifetime. After reaching the age of 63, you stop paying your premium but the cover continues.
This provides protection by ensuring financial stability for your loved ones when you are no longer around.
Benefits of this Plan:
> On survival to the end of the term, the sum assured (less survival paid) and accrued bonuses are payable;
> On death during the term, the sum assured, plus bonuses accrued up the date of death are payable;
> On Total and Permanent Disablement, the sum assured, plus bonuses accrued up the date of Total and Permanent Disablement are payable;
> Many clients prefer to choose a with-profits plan as it attracts an annual bonus.
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F.A.Q
Our clients most frequently asked questions
Policy Advances
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.
