Royal Exchange Prudential Life helps you to save up funds and pays you lump sum at maturity while providing cover in case of death. So, life assurance pays benefits with interests to the living and pays your beneficiaries if death occurs. Also, life assurance offers you tax rebate certificate and policy loans.
No. Life assurance is relatively cheap. With N5,000 yearly payments you can take up a term assurance. With N5,000.00 monthly payment, you can take up an investment policy.
Royal Exchange Prudential Life pays all valid claims. Clients should read their policy documents to understand the policy conditions and pay premiums to be on cover.
Yes, you can terminate Royal Prudential life savings and investment policies before the maturity date. However, terms and conditions may apply.
Yes, you do need a personal life policy. A personal life policy will help you save, earn attractive interest and collect lump sum as maturity.
Royal Exchange Prudential Life premium rates are based on your age, policy type, duration of policy and proposed death benefit amount.
This is the amount of money Royal Exchange Prudential Life has promised to pay the designated beneficiaries if the insured dies while the policy is in force.
You are expected to provide medical certificate of death, death certificate issued by National Population Commission and Police report if the death is by accident.
Royal Exchange Prudential Life PLC pays maturity within 5 working days after executed discharge voucher and other relevant documents are submitted.