i-Salute Insurance

Class: Personal Accident Cover for Families

This product is designed to provide support and relieve to Officers and their families in the events of accidents that result in any or a combination of the followings:

Bodily injury resulting in medical expenses.
Permanent disability preventing the person from carrying on with his/her regular business or activities.

Accident Death.
Injury, permanent disability or death resulting from armed robbery attack.

The scope of cover is divided according to the plans and the premium payable below;

Bronze Plan

  • Medical Expenses up to N200,000
  • Permanent Disability up to N500,000
  • Accident Death up to N500,000
  • Premium payable of N7,500 per annum

Silver Plan

  • Medical Expenses up to N500,000
  • Permanent Disability up to N750,000
  • Accident Death up to N750,000
  • Premium payable of N11,500 per annum

Gold Plan

  • Medical Expenses up to N500,000
  • Permanent Disability up to N750,000
  • Accident Death up to N750,000
  • Premium payable of N15,000 per annum

Diamond Plan

  • Medical Expenses up to N500,000
  • Permanent Disability up to N750,000
  • Accident Death up to N750,000
  • Premium payable of N22,000 per annum

TARGET MARKET

Mass Market product designed for:

Families that are not covered under the personal accident insurance of their spouse and do not have any personal insurance cover.

MARKET SIZE

This product will fill the risk need-gap of up to 10 Million persons who can afford to pay for it. We target just 1% first year post-launch