Cornerstone Takaful Auto Cover (3rd party/comprehensive Cover)
Cornerstone Takaful Motor Cover Motor Takaful Cover is a MUST for every owner of Auto Mobile (motor vehicle/motorcycle) Key Features It provides cover for the loss or damage in the case of accident concerning the vehicle. You have option to choose which type of cover that you think would suit you best The THIRD PARTY type of cover (Liability for damages to Third party ONLY) The COMPREHENSIVE type of cover (Unlimited liability for death/bodily injury to third parties and the insured vehicle) Up to 10% discount offered when more than one car is insured Negotiable discount for fleet of cars ONLY You are entitled to authorized repair limit of 5% of value of the vehicle insured No Claim Discount (NDC) of between 20% and 50% allowed Speedy claim settlement Excess free cover is available by payment of additional contribution The Scheme is based on the principle of al-Tabarru (Donation/Contribution)
CHILDREN'S EDUCATION PLAN
Have you been spending all your income without saving for the future? Have you considered saving for your Children education by taking child's education policy? That unfinished or abadoned project of yours, have you taken investment policy to save towards completing your project instead of taking loan with high interest to complete it? Hurry now & take up one or two policies so that you can have rest of mind tomorrow. Call or Chat to subscribe.
This package is designed to meet various financial obligations within the next 5years or more. these include: Business establishment/ expansion. Embarking on any capital project. Travel plans. Wedding. FEATURES OF THE POLICY Flexible premium payment (monthly, Quarterly, Half yearly, Yearly or Single deposit. Minimum tenure is five years. Provides for cash withdrawal of 40% of two years account balance only after payment of premium period of two years. Termination of the contract before two years is allowed but is subject to administrative charge of 5% on the account balance. BENEFITS OF THE POLICY Tax relief on your investment. Enhances liquidity position. Helps to plan for your investment. Serves as collateral for loan. Provides life cover for the family in case of untimely death. It gives peace of mind.
CHILDREN EDUCATION PLAN
Invest in your child's future with lasaco plc. Your children's future cannot be left to the uncertainties of life, therefore to give them quality education, it is important to save towards it by subscribing to children education plan today. Build your children to build their future. Call us on for inquiries/ subscription.
MY FAMILY PROTECTION PLAN (Premier and Basic)
My Family Protection Plans pays a lump sum of (between 500,000 to 5million naira for Basic Plan and 10million, 20million, 50million and 100million naira for premier) on the death of the policyholder or 50% of the sum assured or maximum of 10million naira for any other person covered. Lives covered: in addition to the main policyholder the following people can also be covered on payment of an additional premium: Spouse(multiple spouses allowed) Siblings(above 18years) Parents and Parents-in-law (up to age 70) The policy lasts for as long as the policyholder is alive. Premium is payable until death of the policyholder or reaching age 65 Premium can be paid monthly, quarterly, semi-annually or annually Amount to be paid is dependant on the person's age
HOSPITAL CASH PLAN
This policy pays daily cash benefits in the form of cash during hospitalization. Cover commences three days after hospitalization. Minimum Age at Entry is 20 years while Maximum age at entry is 65 years. It has a maximum cover of 30 days per year. Multiple claims can arise, however a waiting period will apply each time. It is renewable annually; allowing the policyholder to switch between benefit options. It is entered into on an individual basis, but can be extended to also provide cover for a spouse and other direct family members. There are no surrender or lapse benefits under this policy. No loan is available under this policy. Premiums will be paid annually by the policyholder Benefits 24 hours life assurance protection for policyholder. It is a source of emergency fund. Cushion the effect of medical expenses on the policyholder. To relieve the family of financial commitments associated critical illnesses. Payment is based on age of the policyholder and it is done annually
Children's Education Savings Plan
This product make available a vehicle through which policyholders can: Accumulate fund which can be used to pay for cost of children education in future years Acquire financial protection for a named child against premature death of the parents/sponsor during the policy term. The minimum duration is five (5) years to enable adequate fund to be accumulated for the purpose of meeting the product objective. The fund will be invested at 5% guaranteed interest rate per annum, compounded monthly. The policy allows for partial withdrawal after 24 months at no extra cost. Call in for more details
MY SAVINGS PLAN Basic
My savings plan is designed to help you plan to meet your savings goals. We will help you save for the future events in your life such as funding your children's education, helping you save to purchase a car, or just provide the means to buy what you have always dreamed of. My Savings Plan offers the dual benefit of helping you to save on a regular basis and offer protection to your family if some unfortunate event occurs while you hold the plan. Your life will have a financial protection during the term of the plan Investment returns is 5% monthly compounded interest. The minimum premium is N10000 Maximum premium is unlimited The minimum policy year is 2years+ Call in for more info