Smart Protection

Treat yourself to full protection in the event of death and total permanent disability.



Life can be unpredictable. It can surprise everyone once in a while. We may not be able to predict the future, but we can plan in time and secure the future of our loved ones.

Smart Protection Plan is a pure protection plan that also promises to pay back all the premiums that you have paid during the policy duration. This means that when the policy gets expired, you will get your money back.

product details

Product features

Comprehensive Protection – Death and Total Permanent Disability (with inbuilt Accidental Death Benefits)

The Base Policy Sum Assured becomes payable when the policyholder dies or becomes totally and permanently disabled within the policy term
Additional 50% of the base Sum Assured payable to the named beneficiaries where death resulted from accident. This implies that the benefit in the event of death resulting from accident will be 150% of the Sum Assured

Return of Premium on Survival

Guaranteed return of 70% of the total premiums paid in the event of survival of the life insured at the end of the plan duration

Critical Illness (CI) Benefit

This is the situation where the Sum Assured amount becomes payable when the life is diagnosed of any of the critical illnesses listed by the company. This is provided the policy is in force and meets the terms and conditions.
The CI benefits is 100% of the Sum Assured and the policy terminates after the payment.

Eligibility Criteria
  • Minimum age at entry: 18 years
  • Maximum age at entry: 65 years
  • Minimum Premium Amount: N10,000
Why YOU Should Buy the Protection Plus Plan ?
  • Policy provides premium reimbursement at the end of the plan duration, therefore, the insured does not lose the premium paid during the coverage period.
  • Critical illness benefits – comprehensive protection against critical illnesses, including kidney failure, heart attack and cancer
  • Flexible premium payment options as per your budget
  • Additional accidental death cover should death result from accident
  • Tax benefit as premiums paid is exempted from tax computation
Premium Payment Frequency

Premium payment can be made Quarterly, Half-yearly, Yearly and one-off (single)

Surrender Benefit

This is a pure protection plan and do not attract surrender value. There is no refund of premium paid under this plan when plan is terminated earlier than the plan expiry date.

Waiting Period

There is a three (3) month waiting period in the event of a claim. If death occurs within the first three months, the premium paid will be refunded and the policy cancelled. The exception is when death occurs by accidental causes, in which case the full benefits are payable.

  • Minimum Duration: 3 years
  • Maximum Duration: 25 years

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