The Protection Plan has been designed to:
- Provide an immediate tax-free payment to whoever you decide on your death.
- Maintain your family’s standard of living.
- Keep your children in their current school and fund their future needs.
- Pay for funeral expenses.
- Leave a legacy to the people who matter most.
The Protection Plan is a regular premium plan that provides for the payment of a fixed sum of money in the event of your death. The Protection Plan offers life insurance only and does not provide an investment return. You choose the amount of Life Insurance and the number of years you want the cover to last.
The Plan provides a fixed lump sum, which means that the amount of money that we pay is the same irrespective of when death occurs during the term of the Plan.