Our CAL Education Plan is a life insurance product designed to secure the future educational needs of your ward regardless of any life-changing events.
· The minimum and maximum entry ages to sign up for the policy are 18 and 60 years respectively whilst the maximum age to insure someone is 70 years.
· Minimum cover duration is eight years and maximum is twenty-five years
· Premium rate is between GH¢ 30 and GH¢ 1,000 per month.
· Maturity Benefit: At the maturity of the plan, you will enjoy the accumulated funds of the policy as well as interest gained.
· Graduation benefit: A bonus of 4% of the total premium paid will be added to the accumulated funds at maturity.
· Partial withdrawal: You will be able to make partial withdrawals of a maximum of 50% of the accumulated funds every year, after the first year of contribution.