Manage your Account

“Good things of life with ease”

The Successful Citizens Plan (SSCP) is a life assurance cum savings plan that enables the policy-holder accumulate funds to meet future financial goals such as acquiring a home, setting up a business, buying a choice car, or taking a family vacation. The plan also offers financial protection to the policyholder’s dependants in the unfortunate event of death of the policy-holder within the policy term.

By making a dedicated and regular contribution in a minimum duration of two (2) years, you earn competitive returns allowing you to accumulate fund to meet specific short-term financial objectives. In addition to the value of the accumulated investment, a guaranteed free life assurance cover of up to =N=500,000.00 becomes payable to estate/ named dependants on death of the policyholder during the term of the plan.

• Minimum contribution of =N=50,000 per annum
• Creation of citizen’s Investment Account
• Minimum plan duration of 2yrs with a roll over option for further duration.
• Payment options of Monthly, Quarterly, Half-Yearly, or Single Lump Sum
• Life assurance cover of total contribution subject to limit of =N=500,000.00.
• Accidental death benefit of 50% of guaranteed death benefit.
• Competitive Quarterly returns on contribution into the plan.
• Periodical issuance of Account statement to monitor growth
• Contributions channelled into to investment portfolio with spread in properties, stocks, shares, lease rentals and treasury bills.
• Low cost route to access capital & real estate market.
• Income Tax Relief for contribution.
• Claims payment process made easy:- devoid of bureaucracy. Payment within 72 hours of completing documentation and submission to UNIC

At Maturity:-Accumulated amount in investment account becomes payable

Death before Maturity:-Guaranteed life cover PLUS amount in Investment Account becomes payable to your named beneficiaries

Waiver of Contrbution Payment:-

1. On disability anytime after the plan has been operative for 18 months.
2. On being diagnosed of a named critical illness. 50% of the Guaranteed Sum is paid out to meet medical costs.

Termination before Maturity:-

• Any termination before the 2 years minimum duration of the plan attracts 10% penalty charge.

Claims Administration:-

• A notice of claim should be written to the Company
• Documentary Evidence (Death Claim)

1. Death Certificate
2. Medical Certificate of cause of death
3. Burial Certificate
4. Police Report (if death is by accident)

• Submission of the Original Policy Document
• Straightforward Claims payment procedures devoid of bureaucracy. Prompt payment of all claims within 72hrs of completing documentation and submission to UNIC.

Requirements for quotation:-

• Date of Birth/Age Next Birthday
• Amount of Cover Required/Sum Assured
• Duration/Term of policy