FIDELITY LIFE PLAN Learn More × Type Details FIDELITY LIFE PLAN It is a term life Insurance solution underwritten by Prudential Life Insurance. It is designed to provide policyholders and their family a 360-cover against unplanned life impacting events such as Death, Total Permanent Disability and Critical illness or Diseases. Benefits 100% no claim cash back at maturity of an active policy Free annual medical check-up upon payment of all annual premiums Death benefit Total Permanent Disability benefit Critical Illness benefit. Features Offers a minimum unlimited life cover of GHS 50,000 No limit on maximum cover It covers one life. Minimum entry age is 18 years Waiting period of 6 months The minimum term for Life Plan is 5 years, and the maximum term is tied to the 70th birthday of insured Allows policyholder to choose between two plans Gold (Death and Total Permanent Disability) Diamond (Death, Total Permanent Disability and Critical illness) Covered perils include death, total permanent disablement and critical illness Option to choose different payment tenures (i.e. annual, bi-annual, quarterly, monthly) FIDELITY PLATINUM ENDOWMENT PLAN FIDELITY PLATINUM ENDOWMENT PLAN Learn More × Type Details FIDELITY PLATINUM ENDOWMENT PLAN It is an endowment policy underwritten by Prudential Life Insurance that provides Death and Total Permanent Disability (TPD) benefit, an annual family income benefit on death, a maturity benefit, and a free extra cover up to five years until the attainment of age 65. The free extra cover is only applicable to policies with no claims made at policy maturity. Benefits 100% of Sum Assured is paid at maturity Sum Assured paid in the event of Death Total Permanent Disability (TPD) Benefit Double Sum Assured paid in the event of an Accidental Death Waiver of Premium Benefit Family Income Benefit-10% of Sum Assured payable annually following death of the Policy holder. No Claim Benefit -5-year free extended cover for Death and Disability if no claim on death /TDP during the term of the policy. Surrender Benefit Annual Benefit Escalator (Option to choose between from 10% to 30%) Optional Benefit Spouse Cover for Total Permanent Disability & Death Benefit Features Age limit for the insured and spouse is between 18 to 55 years at policy inception Cover ceases at 65 years Cover duration can be 10,12, 15 years Minimum sum assured of GHS 100,000 for policyholder Minimum sum assured of GHS 50,000 for spouse No limit on maximum cover Waiting period of 6 months Option to choose different payment tenures (i.e. annual, bi-annual, quarterly) FIDELITY LIFE PLAN FIDELITY EDUCATION SUPPORT PLAN FIDELITY EDUCATION SUPPORT PLAN Learn More × Type Details FIDELITY EDUCATION SUPPORT PLAN This is an insurance policy that is designed to guarantee a child’s future educational need no matter what happens to a policyholder/parent or guardian. Benefits Maturity Benefit: account value plus interest gained Lump-sum benefit paid out in the event of death Up to 100% Lump-sum paid in the event of Total Permanent Disability 200% of Lump Sum Benefit paid out if death is accidental Graduation Benefit of 4% of total account value paid Annual partial withdrawal of up to 50% of account value allowed after the second year Prudential Life Insurance will continue with premium payment on behalf of policyholder should death occur before 65 years or permanent disability occur before 60 years. Paid Up benefit Surrender benefit Embedded Inflation Protector to protect the value of policy against negative inflation. Features Maximum entry age is 54 years Cover ceases at 70 years Cover duration 10 - 25 years Basic premium ranges between GHS80 to GHS1,000 per month Annual Benefit Escalator Option to choose different payment tenures (i.e. annual, bi-annual, quarterly) FIDELITY PLATINUM ENDOWMENT PLAN FIDELITY ULTIMATE PREMIER FAREWELL PLAN FIDELITY ULTIMATE PREMIER FAREWELL PLAN Learn More × Type Details FIDELITY ULTIMATE PREMIER FAREWELL PLAN It is a life insurance solution offered in partnership with Prudential Life Insurance Ghana. It gives customers the assurance that they and their loved ones are protected against the financial pressures that come with the final expenses Features Maximum entry age for insured life and spouse is 59 years. Parents up to 74 years are covered Option to cover spouse, children, parents/parents-in-law Cover level for the policyholder/insured life and spouse is 100% of the Sum Assured and 50% for all other insured lives. The policyholder has the option to choose Cover level / Sum Assured ranging from GHS 20,000 to GHS 100,000 Six (6) months waiting period for all insured lives, except for Parents/Parents-in-law under Premier Plan, (12months). The policy never lapses after first year of premium payment. Option to choose different payment tenures (i.e. annual, bi-annual, quarterly, monthly) Benefits No Claim Cash Back Death benefit Return of Premium Waiver of Premium Voucher benefit Annual Benefit Escalator (Option to choose between from 5% to 30%) FIDELITY EDUCATION SUPPORT PLAN Fees & Rates Click here to download our tariff guide.
