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.
Features
- Eligibility: Persons of age between 18 years and not more than 59 Years.
- Waiting Period: There is no waiting period for this policy. Claims are paid on the occurrence of the Insured event.
- Death Benefits: In the event of death, the agreed death benefits at inception shall become payable to the named beneficiary (ies).
- Sum Assured: The sum assured payable at death is N1,050,000.00
- Medical Examinations: Medical examinations/Tests are not required except where one proposer is taking up more than two proposals.
- Premium: Flat premium of N10,000.00 payable yearly.