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– a new dimension in growing your business
The BEIGE Ahotɔ Plan is designed for to help raise enough capital for policy holders to grow their business and enjoy insurance protection as well
This is a one (1) year renewable policy.
Premium payment is very flexible. Premiums can be paid daily, weekly, fortnightly or monthly. A daily minimum of GHC2.00 is enough to start with.
Surrender/Partial Withdrawal: After the policy has been in force for at least three (3) months, the full cash value becomes available without a surrender charge.
Policy Loan:After six (6) months of full premium payments you can access a loan of up to 150% of the invested funds. The security on the loan must be two (2) guarantors who are also policyholders with the Company.
Loan duration:The maximum repayment period on the loan would be twelve (12) Calender months.
Maturity:When the policy matures then the contract ceases, hence the accumulated fund balance(including accrued interest) is paid to the policyholder.
Death:In the sad event of death of the policyholder a sum assured plus accumulated balance(including accrued interest )will be paid to the beneficiary(ies).