Cornerstone Insurance Insight: Ensuring wealth creation through investment plan

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Cornerstone Insurance Plc has reiterated the benefits of its Maximum Investment Plan, a long-term savings and protection product designed to help individuals build disciplined savings while earning guaranteed returns over a fixed period.

The plan is structured to provide policyholders with a lump sum at maturity alongside life cover benefits in the event of death during the policy term.

The product is open to individuals under the age of 60 years and requires a minimum policy duration of five years. It offers a guaranteed interest rate, subject to annual review, with interest credited immediately upon successful payment via ATM card or bank transfer.

Policyholders can also access a policy loan of up to 70 percent of their fund balance, allowing them to meet urgent financial needs without fully liquidating their investment. The plan also features surrender and paid-up value options, giving flexibility in cases of early withdrawal.

At maturity, investors may receive a lump sum representing their accumulated account balance or choose an annuity option for long-term income, particularly at retirement.

In the event of death during the policy term, beneficiaries receive a one-off life cover sum assured of N150,000, in addition to the accumulated fund balance.

Cornerstone Insurance noted that the Maximum Investment Plan is designed to support key life goals such as education funding, home ownership, business development, and retirement planning. The policy can also be used as collateral with financial institutions, enhancing its role as a financial planning tool.

By combining savings discipline, investment growth, and life protection, the plan continues to serve as a hybrid financial solution for individuals seeking long-term financial stability