Zee Woman Assurance plan is an endowment plan that addresses the various protection needs of women, aff¬ording them peace of mind and providing some form of financial relief.
This product is underwritten by Prudential Life Assurance Zambia.
Minimum 18 years, maximum 50 years age next birthday for policyholder
POLICY BENEFITS
Death Benefit – The policy pays the selected Sum Assured less any Female-Related and Critical Illness benefits paid out during the term. The policy automatically terminates once the policyholder dies.
Female Related & Critical Illnesses Cover – 50% of life cover benefit is paid out.
Hospitalization Benefit – the policy pays a daily hospitalization amount after the policyholder has spent at least 3 nights in hospital. Benefits are capped at maximum of 15 days in hospital.
Maternity Complications Benefits (Optional) – A percentage of the life cover benefit is paid out in case of medical complications arising out of pregnancy.
Mid-Term Cash Bonuses – 25% of sum assured can be withdrawn every 5 years so long premiums are paid consistently
Maturity Benefits – the selected sum assured is paid on maturity less any encashment made during the term of the policy
POLICY CONDITIONS
Age at entry Minimum 18, Maximum 50. All covers cease at age 60
Policy Term; Minimum 10 years, Maximum 20 years
6 months waiting period on Life Cover, Female Related and Critical Illness Benefits & Hospitalization Benefit required
All pre-existing conditions are permanently excluded
REQUIREMENTS BEFORE COVER IS CONFIRMED
Customer should have a Zanaco bank account
Customer should complete proposal form
Customer should provide copy of ID (i.e. NRC, valid drivers licence or passport)
