Protecting your savings with Mutual Benefits Assurance plans
Mutual Benefits Assurance Plc
Nike Popoola
Life is unpredictable, but your financial future doesn’t have to be. Imagine leaving behind not worries, but security for your loved ones, this is where life insurance comes in. More than just protection, it’s a smart way to grow your savings while ensuring that those who depend on you are cared for, even when you’re not around.
Mutual Benefits Life Assurance Ltd is helping Nigerians take that important step with its Mutual Individual Savings and Protection Plan. The plan is designed to give you a dual advantage: your contributions earn interest over time, and you gain life insurance coverage that guarantees a safety net for your family.
According to Mr. Biyi Ashiru-Mobolaji of Mutual Benefits Life Assurance Ltd, “There is no better way to provide for your loved ones and secure peace of mind. The plan ensures that accumulated benefits are paid to you at maturity, or to your beneficiaries in the event of your demise.”
Mutual Individual Savings and Protection Plan is flexible, allowing contributions annually, half-yearly, quarterly, or monthly, and you can even choose optional covers like permanent disability, critical illness, or accidental medical expenses. Your sum assured is simply your annual contribution multiplied by the policy term, making it easy to plan ahead.
The plan is accessible to Nigerians aged 18 to 60, and after just two years, policyholders can make partial withdrawals of up to 50 per cent of their account balance. Best of all, contributions are tax-deductible, offering extra financial advantage while you save.
By taking the first step today, you’re not just saving, you are growing your money, protecting your family, and building a legacy. The Mutual Individual Savings and Protection Plan makes financial security simple, smart, and achievable.
For more information on Mutual Benefits Assurance Plc products, visit any of the nationwide branches, call 2348169042592, or email info@mutualng.com.
