• Life Protection
  This is a compulsory benefit that is payable upon death of policy holder before end of the policy term. This benefit provides immediate financial assistance to the beneficiaries. The life protection benefits range from Tsh. 3.5 million to Tsh. 50million.
• Saving Benefit
  This is flexible saving plan that gives you an opportunity to save and earn a higher rate of return on your saving during the policy term. Whether saving for your child’s education, wedding, buying land or your retirement, this is the perfect plan to create your wealth.

OPTIONAL BENEFITS

• Waiver of premium

Allows education contribution to continue upon passing away or gets permanent disability until maturity date of the policy. Sanlam continue to make the same level of contributions on parent’s behalf and beneficiaries will be paid same agreed amount upon maturity date.

• Inflation Protector
  To make sure your benefit keeps up with Inflation, you can choose the optional Inflation Protector Benefit and increase your monthly payment by either 5%, 10% or 15% each year. The level of life cover you choose will also increase at 75% of your payment increase.
• Cash back
  There is also a cashback on life benefit of up to 100% payable to the policy holder at the end of the policy term should the policy holder survive. Cash back pay out benefit where the rider is selected will be paid at the end of policy term if the policy holder survives as per the following schedule