Esusu

This is a savings product that comes with a pure life insurance cover.

Summary

The African Alliance Esusu Plan is a savings product that also gives you the peace of mind that comes with a pure life insurance cover. Regular contributions into the Esusu plan are made for a period of one (1) year. The contributor can either choose to take the total contributions plus interest at the end of the year, or continue to make further contributions into the following year.

We are offering our services to support and ensure your aspirations are achieved.

 

Premium payable

Premiums are at a minimum of five thousand naira (N5,000.00) monthly.

Features and Benefits

  • Minimum of one year contribution.
  • Contributors are from age 60 and below.
  • Upon maturity, total contributions and accrued interests are payable.
  • In the event of loss of life, the total contribution and death benefit (12 times the monthly contribution subject to a maximum of 150,000 naira) is paid.
  • No medical examination is required.

Payment Methods

  • Direct payment by cash or cheque
  • Bank Standing Instruction
  • Salary Deduction
  • Direct Debit Mandate
  • Distribution of Contribution

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