…where insurance works

…where insurance works


Anchor Aspire

Product Definition

This is a platform that provides opportunity for financial freedom. And also, provides personal accident cover.

Key Features of Anchor Aspire

  • Instant SMS on registration and transaction notification
  • Account Balance anytime on request via SMS or web platform
  • Statement of Account hardcopy or electronic at any time
  • Access to 24/7 service support through dedicated channels
  • Quick claim process
  • Contribution on investment is either weekly, monthly, single premium or at any frequency that the insured want.
  • Policy duration 1year
  • Payment Frequency Monthly, quarterly, bi-annually, annually and single payment
  • The Investment can be increased as the policy holders’ desires
  • Minimum contribution N100,000 monthly.
  • The premium paid on personal accident cover is nonrefundable but every contribution made will be paid at maturity with interest.
  • Termination of contribution before the maturity date the policy holder will forfeit interest

 

Interest Rate on Investment

INVESTMENT AMOUNT (N) INTEREST RATE (N)
100,000 – 1,000,000 2.5% P/A
1,000,000 – 5,000,000 3.5% P/A
5,000,000 & Above 5% P/A


Key Benefits

  • Opportunity to save and invest regularly.
  • Enjoyment of Tax Rebate.
  • Provision of future school fees and payment of Rent bills.
  • It assists in savings for personal business.
  • It can be used to plan for a comfortable retirement.

The Accident benefit are in 5 categories:

CATEGORY

Diamond Royal: For family of not more than 6 members

PREMIUM

N25,000

BENEFITS

PD/Death N1,000,000 each

M.E N100,000 each

Loyalty discount on vehicle and household insurance

DIAMOND: For family of 4 members only N10,000 PD/Death N500,000 each

M.E N50,000 each

PLATINUM N5,000 PD/Death N300,000 each

M.E N25,000 each

GOLD N2,500 PD/Death N200,000 each

M.E N20,000 each

SILVER N1,200 PD/Death N100,000 each

M.E N10,000 each

 

Target Market

  • Adults above 18 years
  • High Net-Worth Individuals
  • Non-Governmental Organizations
  • Co-Operative Societies
  • Companies that need to make investment for their staff.
  • Politicians
  • Clubs, Associations
  • Beneficiaries of group life/Personal Accident death claim
  • Newly wedded couples
  • Corporate Organizations, SME