Do you have Income Protection Plan
Protect your Future today
What is Income Protection ?
Income Protection Plan from Standard Alliance Life is designed to provide guaranteed extra income for people in line with thriftiness (savings) Nature of insurance for future planning. The plan is a life assurance product that incorporates investment on your contributions, provides life assurance cover as well as accidental death benefit.
Who needs Income Protection?
1. Convenient means of funding children education
2. Uninterrupted education plan for children
3. Ensure realization of children education
4. Reduces stress, anxiety and worry over settling school bills
5. Life Assurance cover of N250,000.00 as Death Benefit
6. Guaranteed maximum returns on Investment
7. Covers more than one child
1. Minimum Annual Investment N60,000.00
2. Minimum entry Age is 18 years
3. Maximum entry age is 60 years
4. Flexible duration to coincide with the present class of the child/children
5. Minimum Period of 5 years: Access to fund after 12 months (1/3 of contribution for school fees is payable from built up fund termly
6. Frequency of payment: monthly/quarterly/half-yearly and yearly
7. Mode of payment: Cash/Cheque/Direct Debit Mandate
8. Premium paid is tax deductible