Target Savings Policy Plan
Save and achieve your goals with Capital Express Target Savings Plan. With this plan you can meet your savings goals by setting up a sustainable and rewarding savings plan.
This product offers you a 3 year Target Plan which allows you achieve that dream goal of yours like buying a new car, higher education, a decent home etc. It is a risk-free savings plan that offers you the flexibility to save in advance. It is a high interest bearing plan that enable you save towards a specific target.
A dedicated investment account is opened for each policyholder
- Policy duration is between three and five years.
- Contribution/premium can be paid annually, half yearly, quarterly or monthly.
- Contributions can be increased within the policy term
- Minimum contribution is D300 per month
- Free Life assurance cover is provided for the policyholder. Lump sum may be converted to annuity at the request of policyholder.
- On demise of the policy holder before target date the life cover plus the amount in the investment Account becomes payable.
- At the end of the investment period, the policyholder receives the total amount credited into his investment account plus interest as a lump sum.
- Interest Payable on all contribution. Read more.