Term Life

Annual Premium table for a standard life aged 35 years old taking a Whole Life Assurance Plan

Sum Assured (N) Age 45 Age 50 Age 55 Age 60 Whole of Life
500 13,150 10,410 9,170 8,460 7,400
1,000,000 25,800 20,320 17,840 16,420 14,300
5,000,000 127,000 99,600 87,200 80,100 69,500
10,000,000 253,500 198,700 173,900 159,700 138,500
The table above shows premium payment limited to Ages 45 to whole of life


With our Term Life plan, you simply choose the amount of life cover you need and the length of time for which you need it. The choice is yours!

1. This is the simplest and most affordable form of life insurance.
2. This policy provides for the payment of the sum assured only if the life assured passes on within the specified period.
Term Insurance does not provide any surrender value.
3. Benefit is payable to the specified beneficiaries on the demise of the policyholder.

Annual Premium table for a standard life aged 35 years old taking a Term Life Assurance Plan

Sum Assured (N) 1 year 3 years 5 years 10 years 20 years
500,000 3,285 3,235 3,330 3,615 4,545
1,000,000 6,650 5,970 6,160 6,730 8,590
5,000,000 29,250 27,850 28,800 31,650 40,950
10,000,000 57,500 55,200 57,100 62,800 81,400
The table above shows premium payment limited to Ages 35 to whole of life