Welfare Plan

Benefit from a savings plan for your short-term projects or as part of partial retirement.



Discover product features

This is a savings plan that would help achieve short term targets or as part retirement arrangement
Contribution could be made monthly or annually
Minimum monthly contribution of N5,000 and death cover up to N2,000,000
Guaranteed Interest rate of 4% (depending on the number of the lives assured) on savings contribution (subject to CBN MPR)
No deduction from savings contribution to pay for Life Cover
The plan pays the cash value (Savings Contribution plus Interest) at maturity of the policy
Upon the passing of any member of the group during the policy duration, the sum assured chosen is paid together with the cash value to beneficiary(ies)
Policy could, in addition, be combined with medical and funeral expenses
No medical examination is required
For death benefits, the maximum age at exit is 70 years. There is no age limit for contribution


Contact our advisors

Our advisers are at your service and at your disposal to answer all your questions and offer you the solutions best suited to your needs.

Leave your contact details

Please enter your contact details, a Sanlam advisor will call you back very soon.

Buy now