email address: consciousofrisks@yahoo.com
Life is unpredictable… but your future can be secured if you have life insurance. It is that policy that helps you plan ahead and stay financially protected no matter what happens.
KEY CRITICAL LIFE EVENTS ARE
There are many critical life events for which people take up insurance policy:
- Retirement
- Children education
- Illness
- Death
RETIREMENT SOLUTION IS LIFE ANNUITY PLAN
Secure your future with guaranteed income for life.
WHAT IS A LIFE ANNUITY PLAN?
Life annuity plan is an increasingly important pension product that provides:
- Guaranteed monthly income for life
- Financial security and stable income
- Peace of mind after retirement
WHO NEEDS IT?
- Self-employed individuals
- Salaried workers
- Business owners
PAYOUT AGE OPTIONS
50 | 55 | 60 | 65 | and 70 yrs above.
PREMIUM PAYEMENT OPTIONS ARE:
- Quarterly
- Semi-annual
- Annual
- One-time lump sum
TYPES OF ANNUITY
Immediate Annuity:
Making single Lump sum payment and Start earning
Monthly benefits immediately (50 years & above).
Deferred Annuity:
Save now enjoy later
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BENEFITS OF ANNUITY
- Guarantees lifetime income
- Guaranteed compound interest returns
- Promotes financial independence
- Provides income you cannot outlive
- Supports your loved ones
- Ensures peace of mind
PLAN TODAY ENJOY TOMORROW
Insurance makes provisions for critical life events, helping amongst others for one to plan ahead for tomorrow.
Don’t wait till retirement catches up with you Secure your future now.
CHILDREN’S EDUCATION
PLANNING WITH INSURANCE
Children’s education is a major life event that every parent must plan For.
It is one of the greatest legacies parents can give to their children.
However, quality education is expensive.
The School Fees Plan provided by an insurance companies make it
Easier for parents to secure their children’s educational future.
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What is a School Fees Plan?
A School Fees Plan is an insurance product regulated by the National
Insurance Commission (NAICOM). It is designed to guarantee the
payment of future school fees for a named child, regardless of any
unforeseen circumstances that may affect the parent..
What Circumstances Are Covered?
- Demise of the parent.
- Critical illness
- Loss of employment
Eligibility (Age Requirements)
- Parent Entry Age: 18 – 60 years
- Child’s Age: 1 year and above
Policy Duration
- Minimum: 5 years
- Maximum: 24 years
Level of education Coverage.
- Primary school fees
- Secondary school fees
- Higher institution fees
Who Determines the School Fees payout?
- The parent
- Based on the school fees of the proposed institution
Who Needs a School Fees Plan?
- Parents
- NGOs sponsoring children’s education
- High-net-worth individuals
Mode of Premium Payment
- Quarterly.
- Semi-annual.
- Annual.
- Single premium (lump sum).
Benefits of the School Fees Plan.
- Waiver of premium in the event of the parent death.
- Pays 12% of the annual premium as a feeding allowance to
The named child until policy maturity (in the event of the
Policyholder’s death).
- Guarantees payment of the proposed school fees to the
School or parent.
- Premium payments are not taxable.
- It’s Combines savings with risk protection.
Where Can You Get This Plan?
- Licensed Life Insurance Companies.
- Insurance Brokers.
- Risk Advisor/Consultants.
PROTECT YOUR HEALTH & SECURE YOUR FAMILY
Life comes with different uncertainties…but
Life is unpredictable… but like already asserted, insurance makes provisions for critical life events.
Be prepared for both illness and unexpected loss.
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ILLNESS – HEALTH IS WEALTH
- Your health is your greatest asset—protect it.
- There are various healthcare plans offered by insurance companies, designed to make
quality medical care accessible to everyone.
HMO (Health Management Organization)
BENEFITS:
- Affordable premiums.
- Comprehensive medical coverage.
- Access to hospital care and prescriptions
- Preventive healthcare services.
- Reduced out-of-pocket expenses.
- Wide healthcare network.
- Stay proactive with your health through reliable medical Coverage.
DEATH BENEFITS – PROTECT YOUR LOVED ONES
When we say that insurance makes provisions for critical life events, death could be one of such. insurance provides protection in the case of death of loved ones.
- Death is inevitable, but financial hardship for your family Can be avoided.
- Insurance provides a safety net to support your loved ones When it matters most.
TERM ASSURANCE PLAN
A reliable and affordable protection plan that provides as
Follows:
- High coverage at low cost
- Tax-free payout to beneficiaries
- Protection for a specific period (10–30 years+)
- Financial support for family needs
What It Covers in the Event of the Assured’s Death”
- Children’s education
- Family upkeep
- Mortgage and debts
- Business continuity
KEY BENEFITS
- Lump sum payment to beneficiaries upon death
- Helps unlock financial assets
- Ensures financial stability for loved ones
- Option to receive 100% premium refund if no claim Occurs within the policy term
DON’T WAIT FOR TOMORROW
Protect your health and Secure your family’s future today.
Strategic risk manager: +2347063718460
E-mail: consciousofrisks@yahoo.com
