Products/Policies » Retail
ESICH LIFE MEMORIAL PLAN
ESICH Life Memorial Plan is an insurance policy specifically designed to provide payment of a lump sum which is equal to the sum assured at the occurrence of death of the principal life, spouse, biological children, biological parents or parents in law and one extended family member plus the account value of the savings component to take care of funeral expenses.

 

Benefits

  •  Death Benefit
  •  Investment / Savings
  •  Annual Adjuster Benefit  
  •  Tomb Stone Benefit       - This pays GH¢2,000.00 of the sum assured if principal life passes away.
  •  Funeral Home Benefit   - This pays GH¢2,000.00 of the sum assured if principal life passes away.
  •  Surrender Benefit
  •  Withdrawals -The policy holder is allowed a 50% withdrawal after 2 years of inception, and  thereafter,  once every year.

 

 

Benefit Structure

Benefit distribution under the policy shall be in such proportions:

  •  Principal Life Assured                   100%
  •  Spouse                                          100%
  •  Parent                                            100%
  •  Parent-in-law                                   50%
  •  Child                                                50%
  •  Extended Family                              50% 

 

 

Cover options

         Category                                                  Benefit

  • Platinum                        -                          GH¢ 10,000.00
  • Gold                              -                          GH¢    7,000.00
  • Silver                             -                          GH¢    5,000.00
  • Bronze                          -                          GH¢     3,000.00
 
Loading...Please Wait