Opening Hours

8:00 am to 5:00 pm

+265 1 822 699

nicolife@nico-life.com

3 Stewart Street

Blantyre, Malawi

Cash Plus Policy

This is an endowment policy with death cover designed to provide a lump sum to dependants on death of the life assured.

The life assured also enjoys additional benefits as stipulated below.

Benefits

  • It participates in profits (Bonuses) .
  • On Maturity Sum Assured plus bonuses is payable .
  • On death of the policyholder:
    • Within six months of policy- payment restricted to return of premiums with interest except for accidental death where full Sum Assured is payable.
    • After six months- Benefits payable are full Sum Assured plus 100% accrued bonuses.

CONDITIONS

  • Minimum and maximum age at entry 16 and 55 respectively
  • Policy terms offered 12 and 20 years.
  • No medical examination for Sum Assured up to MK 20 million, but Sums Assured above that, medical tests will be required.

Help your loved ones take care of their financial needs after you’re gone.

Life insurance can give you peace of mind that your family can take care of their needs and expenses if you pass away. This means your death will not place a financial burden on your loved ones.

All Rights Reserved © 2018 NICO Life Insurance Company Limited.

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