A high-yielding savings fund which builds up towards your target savings amount plus life insurance cover for you in case of death or total permanent disability.
Features and Benefits
- Targeted savings amount paid on death of the main member.
- On death of main member UGX 750,000 to be paid to cover funeral arrangements.
- On retrenchment, benefit of up to 3 times their montly premium is paid.
- Benefits to be paid within 48 hours provided that the required claims documents have been received.
What is covered?
A lump sum of the targeted savings amount is paid to the beneficiary in the event of death or total permanent disability of the life insured.
Monthly premium calculated at 0.075% of the targeted savings amount.