The distribution partner type is Telecommunication company
Mobile savings plan with regular contributions for min. 3 years with 85% investment earnings on the net premium credited to the account value (example: 10% investment total return on net premiums = 8,5% credited to account) .
This is a group product, Voluntary opt-in.
At the end of the savings plan’s term, or in case of prior death or total permanent disability, the account value accumulated until this date will be returned in full to the account holder. Benefits:
Sum Insured- Savings.
Premium Rate- As per selected plan Premiums are subject to an administration fee, the net of which will be invested with annual results credited 85% to the account.
Premium Payment- Premiums can be paid Daily, Weekly, Monthly, Quarterly, Semi-annually or Annually Premiums are automatically deducted from “mobile money” account.
Minimum age limit for this type of insurance cover is 21; no maximum age limit.