Why Choose Term Life Insurance

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Term Insurance

Benefits of Family Welfare Assurance Plan
RISK COVER

The risk portion provides a single-life cover for the following:

Standard Cover

  • Death – accidental and natural
  • Income Replacement – Disability

Optional

  • Death – accidental and natural
  • Income Replacement – Disability
  • Critical Illness Cover – CIC

The risk cover is a minimum of GH¢ 5,000.00 to GH¢ 100,000.00 cover

CASH BACK BENEFIT

A lump sum of 10% of total premiums less the policy fees would be refunded to you at the end of every 5 consecutive years if the policy is active and no claim has been made.

The Quotation Side Suggestions

  • Currency change from $ to GH¢
  • Cover should have two options
    1. Standard – Death and Disability
    2. Death, Disability and Critical Illness

 

 
SMART Target Policy - An Example of a UNIVERSAL LIFE

Vanguard Life Smart Target Plan provides financial support at each stage of your life. The policy is an investment-linked life assurance plan providing both life cover and savings benefits. The Smart Target Plan assures you that your investment premium is secured and shall earn a guaranteed interest. The policy pays lump sum at maturity. However, you have the option to purchase annuity (monthly payments) for a defined period or for life.

When should you consider Term Life Insurance?
  • You have a home with a fixed mortgage that you need to secure.
  • You have children, whom need financial stability while they grow up.
  • You have debts that will be paid down over time.
  • When you need low-cost life insurance with “no-frills.”
What is Whole Life Insurance?
Vanguard Life's Final Dignity Plan is a Whole Life policy. This policy provides life cover on the life of a policyholder and secondary lives (spouse, parents, extended family and up to four children) and pays the selected benefit in the eventuality of death.
Why Choose Child Education Plan

If you hope to have a successful future for your child, then Vanguard Life’s Child Education Plan has a good education plan for you today

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