Endowment Plan

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Endowment Plan

The Endowment Plan is a dual-purpose life assurance product that helps policyholders build disciplined savings over time while enjoying life cover throughout the policy term. It’s designed for individuals who want to secure their financial future and still provide for their loved ones in the event of their passing.

This plan offers structured contributions with fixed premiums payable monthly or annually. At the end of the policy term, a maturity benefit is paid out if the policyholder survives the term — combining savings growth with the peace of mind of life assurance.

Insurance benefits

It offers the best of both worlds:
✔️ Protection for your family in the case of your death
✔️ Savings to fund future goals if you survive the term
✔️ Fixed premiums that help you plan better
✔️ Short-to-medium term flexibility with maturity options from 5 to 10 years

Designed for individuals who want to save over time while securing life cover. Whether you’re planning for a child’s education, retirement, or a future investment, this plan combines protection and disciplined savings.

You can select a term that fits your financial goal:

✔️ Minimum duration: 5 years

✔️ Maximum duration: 10 years
The plan ensures flexibility for both mid- and long-term financial planning.

 

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We’re always here to help. Whether you need more information about our life assurance plans, guidance on choosing the right coverage, or support with an existing policy — our team is just a message away.

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+234 ‑ 2012912543, 02012912532

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info@chilife.com

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Plot 33D Bishop Aboyade Cole Street, Victoria Island, Lagos