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THE ROYAL INVESTMENT PLAN (TRIP)
TRIP is an investment linked life assurance product that has benefits that are payable in three installments of 25%, 25% and 100%. This means that if you take up TRIP cover for one million naira (=N=1,000,000.00) for a period of 12 years, you will be paid as follows:
• =N=250,000.00 (i.e 25% of the sum assured) after the first four years
• =N=250,000.00 (i.e 25% of the sum assured) on the 8th year
• =N=1,000,000.00 (i.e 100% of the sum assured) on maturity i.e. on the 12th year
• =N=1,000,000.00 (i.e 100% of the sum assured) is payable to your beneficiaries if death occurs at anytime during the policy period irrespective of previous payments
TRIP .... the wise investors first choice!
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