Earn Big on your Savings
Secure your future and achieve your financial goals with ease on the BETA side of life.
Save Smart, Enjoy More.
With the BETA Life Plan, you don’t have to wait years to enjoy your savings. You get paid three times while you save. At the end of your savings term, you’ll also earn a bonus; 10% for the 3-year plan or 15% for the 6-year plan—added to your total savings.
More than savings, it’s a smart way to grow your money.
BETA Life is an endowment plan that rewards you with up to 115% in bonus while securing your future.
Secure Investment
You get three payouts while you save. At the end of your savings term, you also earn a bonus of 10% for the 3 years plan or 15% for 6 years on top of your total target.
Flexible Premiums
You choose how you want to save, either monthly, quarterly, half-yearly, or yearly, to fit your budget and financial goals.
Life Insurance Benefit
If the policyholder passes away during the savings period, 100% of the target will go to the named beneficiary.
Make the first step towards an empowered future
● Talk to us, we’ll craft a plan that fits your financial goals, and guide you through the application process from start to finish
● Email us at customercare@emple.ng
It’s a smart way to grow your money.
Immediate Coverage
Accidental coverage starts immediately with the first full premium, while non-accidental cover is subject to a 6-month waiting period. If the insured passes away during this time, all paid premiums will be refunded.
Permanent Disability Benefit
If a permanent disability stops you from working, premium payments will be waived for 6 months and you’ll receive the full target amount to help cover medical expenses.
Here’s what you need to know about the BETA Life Plan
BETA Life is a smart endowment policy that offers you two major benefits, a savings plan and a protection cover.
It provides financial support for your loved ones in the event of death or permanent disability and rewards you with a lump sum if you complete the policy term.
You can choose between a 3-year, or 6-year plan based on your goals plus, you enjoy cash payouts at different stages during the policy term.
You’ll receive payouts in three stages:
● First payout – 25% of your target after one-third of your plan.
● Second payout – Another 25% after the next one-third.
● Final payout – 100% of your target plus a bonus (10% for 3 years, 15% for 6 years).
● You have a 30-day grace period to make up for missed payments
● If you don’t pay within this time, your policy lapses, and you lose coverage.
Yes! You can reinstate your policy within one year by providing proof of good health and paying any missed premiums.
Your premium is fixed for the chosen plan, ensuring you stay on track to meet your goal.
At any time after the policy has acquired a surrender value (after one full year’s premium has been paid), the company will
- At the request of the policyholder/le assured, alter the policy so that no further premiums are payable, and the sum assured is reduced to the amount in proportion to the premium paid and the duration in force.
- On the other hand, if the policyholder/life assured stops payment of premiums after the policy has acquired a surrender value, the sum assured will be automatically reduced to the paid-up value. The paid-up value will become payable at maturity or on death, whichever occurs earlier. This is referred to as the non-forfeiture process.
Yes! The BETA Life Plan includes life insurance and risk coverage. If the policyholder passes away, the full target amount goes to the named beneficiary.
If you change your mind, you can cancel your policy within 30 days from the start date for a full refund.
Yes! You can pick between a 3-year or 6-year plan, depending on your financial goals.
Your premiums are managed securely, and you’re guaranteed up to 115% of your target payout in line with the policy terms and conditions, making it a smart and safe investment.
