Driver Pa

– a new dimension in growing your business

The Driver Pa Plan just like the Worseeko Plan is a pension plan designed to suit commercial drivers and traders. This ensures capital growth and protection for the individaul

General Conditions

This is a five (5) 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.



Benefits



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).