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Endowment Assurances with Profits

This is a Life Assurance policy whereby the sum assured is paid at the end of a selected term (minimum ten years), or upon death of the life assured whichever comes first. The policy participates in the profits of the Corporation by bonus additions payable at the end of each year.

Click here to download the Application Form for Life Assurance / Retirement Annuity

Other optional Benefits

Accident Benefit – the life assured can choose at an additional cost, to include an accident benefit on the policy. This benefit pays the assured an agreed sum in case of an accident suffered.

Disability Benefit – the assured may at an additional premium choose to include a disability benefit on the policy. This benefit will pay an agreed sum in event the life assured becomes permanently disabled.

Funeral Cover Benefit of up to E10,000 may be included to the policy to cover the death of the life assured, spouse and dependants.

Why Choose Endowment with Profits

How to apply

Endowment with Bonus Plus 5yearly Special Cash Benefits

This is similar to Endowment with profits. However, it is composed of a combination of the Endowment Assurance and special Five year cash back, which becomes payable in addition, on survival of every 5 years period during the payment of premiums, amounting 50% of the Total premiums paid during the 5 year-period.

What is the right age to take up Endowment with Five year Cash Back?

The Proposer/Applicant should be from age 18 years to 50 years.

What is the premium per month?

The minimum premium is E200.00 a month, with predetermined Cash Back benefit amount every after five years

Why should one take up Endowment Five year Cash Back

It assists one to invest a fixed amount on a guaranteed period of five years and at the same time enjoying the Assurance benefit.

What are the benefits of Endowment With Five year Cash Back

What are the payment options?

Loan Component:

The loan given is based on a 90% surrender value at an interest of 1% per month on the balance. Loan is payable over 12 months, 18 months, 24 months and 36 months depending on the amount of loan given.

What are the Loan Requirements?

Events on Which the Proceeds are Payable

Lilunga Pension Provider

This is the personal plan for your retirement. The choice is yours to decide how much you need to live on when you retire at today’s costs.

You can even choose the age you want to retire at and your premium grow build up to give you the money you need for the annuity you want.

Benefits available:

Lilunga Pure Endowment

This is a pure investment policy offering a valuable savings for your money in a quick and safely savings plan.

The investment unit allocation starts with a larger portion of premium.

Benefits available:

Lilunga Single Investment Policy

This is a once off investment policy giving you the best possibly returns would expect on a secure, meaningful and risk free investment plan.

The policy guarantees a good investment on a maximum of ten year period. The minimum amount to be investment can be from as little as E1000.00.

Benefits available:

Lilunga Endowment 5 Year Lien

The policy is suitable to a person who would want to invest and accumulate some life cover, without knowing his/her health status.

Benefits available:

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