Policy Features
This policy covers you and a maximum of two spouses

Age

Plan Duration
This Plan is for a minimum period of 10 years.

Sum Assured
The sum assured is unlimited but the minimum sum assured is GH¢50,000. What Are The Main Benefits?

1. Premium Refund
This is a unique feature of the Plan. If at the maturity of the policy you had not made any claims, a refund of all premiums you paid less policy fee shall be paid to you.

2. Death and Accidental Death Benefit
If you or your spouse pass away, the full (100%) death benefit will be paid to your named beneficiaries. If the death is as a result of an accident, an additional 50% of the cash payout shall be added to the death benefit.

3. Total Permanent Disability Benefit
Up to 100% of the sum assured, as determined by the medical doctor, shall be paid if you or your spouse become totally and permanently disabled as a result of an accident or illness.The amount payable shall be determined by the degree of disability.

4. Critical Illness
Cash payout of up to 10% of the sum assured shall be paid when you or your spouse is diagnosed with a stroke, coronary artery disease, or cancer and is not earning any income.

5. Family up Keep
Loved ones shall be paid 5% of the Death Benefit to cover the cost of living expenses in the unfortunate event of you passing away.

6. Free Medical Check-Up & Lifestyle Medical Consultancy
Every two years, you and your spouse will be entitled to free hematology, biochemistry, and urinalysis medical checkup. Medical information will be treated confidentially. You and your spouse will also have access to health consultancy annually to discuss lifestyle and its health implications and any other health issues with a Medical Doctor at no cost to you.

7. Premium Holiday
You shall be entitled to a one-month premium holiday over the policy term.

8. Loyalty Benefit
You shall be entitled to a 5% cashback on all premiums paid after every 5 years. 

Additional Feature

1. Never Lapse
The policy shall never lapse.

2. Benefit Escalator
The benefits payable under this policy shall be escalated at a mandatory rate of 5% with an upward premium adjustment of 10%. You may also select a rate between 5% & 15% and the respective premium adjusted at a rate equal to 30% of the selected rate.

3. Modal Premium
This enables premium rates to be converted to different periods i.e. premiums are discounted per the table below:

When Will My Cover Commence?
Cover will start when the first premium is received by GLICO LIFE, the application is accepted by GLICO LIFE, and the Policy is issued to the applicant.

Who Qualifies For This Policy?
This Policy is designed for any individual between the ages of 18 to 59 years and can pay the required monthly premium.

How Do I Join The Plan?
Our experienced Customer Service Executives are ever ready to complete a short digital proposal form (M-Proposal) on their mobile devices for you. Your policy would be issued when the first premium is received by GLICO LIFE through our numerous premium payment services.