Future Needs Plan
Future Needs Plan
  1. Insurance
  2. Future Needs Plan

Future Needs Plan

An insurance product that allows you to secure your ability to pay for your children’s education

Benefits
  • of accumulated funds along with interest gained

  • if death occurs before age 70 Yrs or Permanent Disability before age 65

  • of the accumulated funds every year, after the first year of contributions

Insurance Features

Lump Sum Payment

Pays out a lump sum for your child’s education, allowing you to keep your dreams of your child’s education on course, despite all odds.

Premium Rate

You decide how much to contribute each month and how long the plan should run for. Premium rate between GHS100 and GHS400 per month.

Policy Duration

Minimum of 8 years and maximum of 25 years.

Underwriting Partnership

Underwritten by Prudential Life Insurance company.

Application Eligibility

Age requirement:

  • The maximum age at inception for parent or guardian who will be the policy holder is 54 years.

Application Eligibility

Age requirement:

  • The maximum age at inception for parent or guardian who will be the policy holder is 54 years.

Claims will be paid within five (5) working days upon complete submission of these documents.

  1. A completed claim form.
  2. The original Document of Insurance and any other document that we require to process the claim.
  3. A legal document that authenticates the occurrence of the event for which the claim is being made; where waiver of premium is in force.
  4. Any national form of identity that establishes the name, date of birth of the deceased and trustee.

Policy Exclusions Apply

Call Us

Call our hotline for further information.

0302 740100

Email Us

Please send us a message and we will be in touch as soon as possible.

Email Us

Locate Us

Visit the branch that is nearest to you.

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