The Fanaka plan enables you to build a fund over a period to meet any financial needs such as building a home for your family, purchasing your dream car, catering for major life ceremonies like marriage or graduations etc. It also sets you off on the path to financial freedom by offering you seed capital for your business.
Why get the Fanaka Investment Plan?
Why get the Fanaka Investment Plan?
- With Fanaka you get financial security allowing for a disciplined, systematic and relaxed way of reaching your financial goals as you will receive your required savings plus bonus accrued during the policy.
- Fixed premiums, with the sum assured and premiums determined at the onset and remain fixed throughout the term of the policy.
- Flexible terms are available – the Fanaka plan has a saving period which ranges between 5-20 years which will be chosen by you and will depend on when you require the funds.
Key Benefits
Adult hospitalization benefit upto UGK 2,500,000/=
Total and permanent disability cover
Waiver of Premium
Accidental death benefit
Flexible investment options
Financial Security
Education Savings
FAQs
The minimum sum assured is UGX 5,000,000. There is no maximum sum assured.
Minimum age at entry is 18 years while the maximum age at entry is 65 years. The maximum age at maturity is 70.
The sooner you start making payments to the fund, the faster you will have your dreams come true. Also, the younger you are, the lower your premiums will be.
