Flexible Investment Plan

Benefits

The Flexible Investment Plan combines savings, investment growth, and life insurance protection to provide financial stability and peace of mind.

Flexible Savings & Investment Growth

Build wealth toward short- or long-term goals with flexible contributions, competitive returns, and tax-efficient savings options.

Built-In Financial Protection

Enjoy life insurance cover with added benefits such as family income support, premium waiver, and protection in the event of demise or permanent disability.

Education & Future Security

Support your child’s education with maturity benefits for school fees, academic rewards, and medical expense cover, designed to secure their future.

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Features

Premiums
Duration
Age
Withdrawals & Termination
Life Cover
Medical Examination
Optional Covers (Short-term Plan)

Premiums

Minimum annual contribution: ₦60,000
Premium payment frequency: Flexible (Monthly, Quarterly, Half-Yearly, Yearly, or Single premium)

Premiums
Premiums
Minimum annual contribution: ₦60,000
Premium payment frequency: Flexible (Monthly, Quarterly, Half-Yearly, Yearly, or Single premium)
Duration
Duration
Long-Term (Education Plan): Minimum of 5 years
Short-Term Plan: Minimum of 1 year
Age
Age
Long-Term Plan: 18 – 60 years
Short-Term Plan: 18 – 54 years
Withdrawals & Termination
Withdrawals & Termination
Long-Term Plan: Partial withdrawal of up to 25% of accumulated principal after 2 years.
Short-Term Plan: Partial withdrawal of up to 85% of accumulated principal (interest may be affected if withdrawn within the first year).
10% termination charge on total contributions if policy is terminated before maturity.
For lump-sum investments with fixed/negotiated interest rates:
– 13% partial withdrawal charge.
– 15% termination charge if terminated before maturity.
Life Cover
Life Cover
Life cover of up to 200% of annual contribution
Minimum cover: ₦120,000
Maximum cover: ₦5,000,000
Medical Examination
Medical Examination
Not required
Optional Covers (Short-term Plan)
Optional Covers (Short-term Plan)
Permanent disability
Critical illness
Medical expenses arising from accidents

DOCUMENTATION REQUIRED

• Duly completed proposal form with recent passport photograph • Copy of valid means of identification • Copy of recent utility bill • Evidence of premium payment

Frequently Asked Questions

What is the Flexible Investment Plan?
The Flexible Investment Plan is an insurance-based investment solution that allows you to save toward short- or long-term financial goals while enjoying competitive returns, flexible contributions, and built-in life insurance protection.
What financial goals can this plan be used for?
What is the difference between the long-term and short-term plans?
How flexible are the premium payments?
Can I access my funds before maturity?
Is there a life insurance cover attached to the plan?
What happens in the event of death or permanent disability?
Are premiums tax deductible?
Is a medical examination required to take up this plan?
Can the policy be terminated before maturity?
What documents are required to apply?

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