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Insured Savings Plan

The Insured Savings Plan is the same as the Savings Plan with the extra feature of having your Savings Plan insured for the event of untimely death.

With the insurance feature the savings sum that would have been saved at the end of the plan will be made available to your successors in the event of untimely death.

The monthly insurance premium is automatically debited from your Current Account or Savings Account.

Maximum savings sum that can be insured is AFL 150,000

Requirements

  • A valid identification
  • A statement of health
  • You need to be younger than 60 years at the end of the plan
  • The first deposit of at least AFL. 50 if you wish to make the first deposit cash
   
 

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