Royal Income Protection Plan
The Royal Income Protection Plan is a term assurance policy that provides financial protection for your family in case of death, critical illness, or total permanent disability. It also offers optional coverage for maternity complications, female-related illnesses, and hospitalization.
The Royal Income Protection Plan was conceived to:
1. Provide for the loss in family earnings on the death of the policyholder.
2. Provide for lifestyle protection in the event of the policyholder contracting a critical illness or becoming disabled during the cover term.
Who is Eligible for the Royal Income Protection Plan?
Main Life Minimum Entry: Age 18 Years
Main Life Maximum Entry: Age 54 Years
What is the policy term for the Royal Income Protection Plan?
Minimum Term: 10 Years
Maximum Term: 40 Years
What are the Benefits of the Royal Income Protection Plan?
Minimum Sum Assured: GHs10,000
Maximum Sum Assured: GHs100,000
Royal Income Protection Plan - FAQs
1. What is the Executive Wealth Plan?
The Executive Pension Plan is a tailored retirement plan designed for business executives and professionals. It offers a lump sum payment at retirement age, allowing you to enjoy a secure and comfortable retirement.
2. Who is eligible for the Executive Wealth Plan?
The Main Life cover is available to individuals aged 18 to 54 years, providing you with the opportunity to secure valuable protection at different stages of life.
3. Maturity Bonus Benefit
Bonus of 2% simple interest on the Sum Assured at maturity will be paid provided all premiums have been paid to date. The maturity bonus will not apply if a premium was missed throughout the policy term.
Interested in Our Royal Income Protection Plan?
Take control of your retirement today! Pinnacle Life’s Executive Pension Plan ensures a secure future with a guaranteed lump sum at retirement. Start planning now! Insurance is important because it provides financial protection and peace of mind.