African Alliance Insurance Co PLC
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Esusu Retail Market

Esusu Plan is a short-tenor investment that guarantees the gains of investment within a short period and a market segment has been identified - the self employed, Artisans, traders etc. Other medium term savings plan would be introduced before the end of the first quarter. A proper investment of the money collected is necessary to generate profit for the

company after deduction of interest, commission and other overheads. In addition

to the investment deposit, loans should be granted to the contributors as this will give

us higher returns on our investment.

 

PRODUCT BENEFITS & CONDITIONS

 

 DEATH BENEFIT

Age 18-60: Twelve times monthly contribution subject to a limit of N150,000.

Age 60 plus: Five times monthly contribution subject to a limit of  N60,000.

 

 Maturity: Total contribution plus interest of 3% at the end of twelve month. An option of roll over with an increased interest rate.

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