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.
Features/Benefits
- The minimum term is 6 years. Other terms are 9 years, 12 years, 15 years, 18 years, 21 years and 24 years.
- Maturity benefits are payable in three instalments of 25% , 25% and 100%.
- 100% of the sum assured is paid to your beneficiaries in the event of death.
- Free medical examinations/Tests are conducted for sum assured over N 15,000.000.00.
- Premium: Flexible premium frequency of monthly, quarterly, half-yearly,yearly or single premiums are applicable. Clients can pay N5,000.00 and above monthly.
- Policy can be used as collateral for loan.
- Loans can be accessed from the policy.