The Royal Term Assurance
This is a term assurance that provides protection for the beneficiaries of the life assured, when he dies within the defined period.
The Royal Keyman Assurance
Provides for the payment of the sum assured only, if the life assured dies within a defined period. If the life survives the period, the assurance comes to an end and there is no payment made by the company.
Taken up by a corporate entity to protect a key person in the organization. The Sum Assured agreed at inception is payable to the beneficiary (ies) of the policy which must be a corporate entity for the loss of a key person.
The Royal Credit Life Assurance
An assurance effected to pay off any outstanding loan obtained in connection with a short term loan, should death occur before such short loan is totally liquidated.
The Royal Heritage Plan (TRHP)
This Product provides a unique welfare package for families. It ensures financial security and family welfare in times of need.
The Royal Investment Plan (TRIP)
The Royal Investment Plan is a unique investment linked life assurance product that allows you to save, earn an attractive return on your money, make periodic withdrawals and provide security for your loved ones.
The Royal Educational Endowment Plan
The Purpose of this Product is to plan for the education of a Child when the parent/Guardian is no more or at maturity of the policy.
In the event of death of the parent/guardian of a child or at maturity of the policy, the proceeds of the life assurance will cater for the education of the child.
The Royal Personal Plan
This policy is specially designed for policyholders to ensure uniform, regular and daily savings culture. It will help them to save and grow their money over a specified period. It also affords the policyholder to enjoy free death benefits.
The Royal Mortgage Protection Plan
An assurance effected to pay off any outstanding loan obtained in connection with house purchase, should death occur before such mortgage loan is totally liquidated. The sum assured decreases as the loan repayment is made.
The Royal Family Support (TRFS)
The Purpose of this Product is to provide a complete all-year-round protection. It provides the needed financial support in times of difficulty by paying to the dependants in times of death of the life assured. It also pays medical expenses resulting from accident and critical illness benefits to the assured.
The Royal Tuition Plan
It covers death and ancilliary cover like permanent disability for the uninterrupted education of a child should death or permanent disability occur within a defined period.
The Royal Endowment Plan
It covers the payment of sum assured to the beneficiaries in the event of death or the happening of chosen ancilliary cover to the assured or on survival to the maturity of the policy
The Royal Group Life Assurance
It’s an annually renewable term assurance that provides for the payment of a predetermined sum on the death of any employee who is still in service within the policy year.
The pre-determined sum is now a minimum of Three times the employee’s annual total emolument
Insurance Savings Account
This policy is specially designed for policyholders to ensure uniform, regular and daily savings culture. It will help them to save and grow their money over a specified period. It also affords the policyholder to enjoy free death benefits. Contribution frequency can be daily, weekly, monthly, quarterly, half yearly, yearly and single premium.