Gold Life Plus
Gold Life Plus Plan – 637 ( Relax and Enjoy) –
In a market economy where interest rates are volatile and fluctuating, there is a need for a product that provides protection and reasonable returns on investments. GOLD LIFE PLUS single premium plan is an insurance plan providing guaranteed additions of 2.5% and 3.2% of sum assured per annum respectively for term 5 years and 10 years, besides insurance and accident cover.
Unique features: Lump sum Investment with Lump Sum maturity payment with Guaranteed Additions
Need to Know:
- Age Limit- Minimum: 20 years & Maximum: 65 years
- Policy Term: 5 year and 10 year
To know “What is in there for You” click here
Minimum age at entry
Maximum age at entry
Maximum maturity age
5 and 10 years only
Minimum sum assured
F$ 10,000 and in multiples of $500
Maximum sum assured
No upper limit
Mode of premium payment
Single Premium only
Accident and disability benefits Rider
Death Benefit: Payment of the sum assured + Accrued guaranteed additions
Maturity Benefit: Payment of the sum assured + Accrued guaranteed additions + Loyalty Additions (if any)
Guaranteed Additions: A guaranteed addition will accrue for each policy year at a simple rate of F$ 25 per thousand Sum Assured for a policy term of 5 years and F$ 32 per thousand Basic Sum Assured for a policy term of 10 years.
Loyalty Addition: Depending on the Corporation’s experience the policies under this plan shall be eligible for Loyalty Addition, if any.
The optional benefits are available on payment of additional premiums over and above the basic premiums. These benefits are Accident Benefit & Disability Benefit Rider. This Rider will be applicable only up to 65 Years of age.