Number 1 Retail Life Insurer
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Corporate Savings

About Corporate Savings?

You can now save to meet your financial goals with AIICO's Corporate Savings. It is aimed at helping you save towards targeted projects or activities, e.g, rents, purchase of properties, etc. It has a minimum of tenure of one year.

 

Why Corporate Savings Plan?

  • Maturity 

    Total amount accumulated in the policyholder’s investment account is payable at maturity.

  •  Interest 

    The interest is credited to the policyholder. It is an average savings rate of 3.5% per annum and an increase of 0.5% per annum to a maximum of 5% per annum for policies that are on the books for more than a year.

  • Death Benefits 

    Death benefit package includes the guaranteed sum assured and total amount in investment account.

  • Optional Withdrawal  

    You have the privilege of making a withdrawal from your savings once in a year, provided the account is left with a minimum balance equal to 1 year premium.

  • Frequency:
    Monthly, quarterly, half-yearly and yearly.
  • Risk premium:
    Policyholder chooses the sum assured he wants and can afford which is paid annually, maximum of N2million. Risk premium is charged at the rate of 1%.
 

Would you like to purchase this plan?

Speak to an AIICO Staff or Agent today. You may also reach us via email on aiicontact@aiicoplc.com.