Flexible Endowment Plan

An endowment plan that combines protection and investment. It provides for guaranteed payouts at regular intervals in three installments.


  • Provides for full payment of the face amount in the event of death of the policy holder during the period of insurance.
  • Period of insurance ranges from 6, 9, 12, and 15 years.
  • Provides for annual reversionary bonus payable in addition to the face amount or earlier death at the rate of 4% or N40.00 per thousand.
  • Provides for cash values on the basic policy and the declared reversionary bonus.
  • Provides for 70% of Cash Value as loanable value after three years of running the policy.
  • Provides for policy surrender after two years of payment and maintenance of policy.

Who purchases this cover?

Everyone who is desirous of putting in place adequate protection for himself and family

About Us

AIICO Insurance Plc., is the leading life insurer in Nigeria.

Founded in 1963, AIICO provides life and health insurance, general insurance, investment management and pension management services as a means to create and protect wealth for individuals, families and corporate customers.