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MY SAHEL WEALTHMASTER

Securing my future today

My Sahel Wealthmaster Plan is specially developed to enable people realize their goals and aspirations in life with ease. It is designed to cut across all sectors of life and for that matter everyone with a desired ambition can sign on to this plan.

It is uniquely designed to enable people create wealth and ensure that their family income is protected when they are called home or permanently disabled.

HOW TO ENJOY THIS PLAN?

To create more wealth to meet your aspirations, you should meet the following requirements:

  • Should have a regular stream of income
  • A minimum contribution of GH¢50.00 a month to start with
  • Should be 18 years and above but not over 60 years;
  • Evidence of health status MAY be required

WHAT ARE THE PLAN BENEFITS?

  • There is certainty and peace of mind. You get to know your investment returns at the end of plan term right from inception.
  • This amount can be increased substantially through the application of benefit increase option, which serves as inflation protector
  • Has attractive life cover same as sum assured
  • A plan loan is accessible after 24 months of contributions
  • Adequate financial provision in the event of permanent disability
  • Depending on your goal and ability, you choose a plan that suits you

PLAN FEATURES

  • A flexible conventional endowment plan
  • Death benefit same as Sum Assured
  • A hybrid of attractive life and investment benefit
  • A waiting period of 90 days
  • No further contributions in the event of Total and Permanent disability
  • Attracts surrender value after 24 months of contributions

OUR SERVICES

  • Prompt payment of death, Total & Permanent disability and maturity claims
  • Assured of prompt and excellent service support

 

BENEFIT INCREASE OPTION Annual Premium Increase Annual Benefit Increase
OPTION 1 5% 3%
OPTION 2 10% 6%
OPTION 3 15% 9%
OPTION 4 20% 12%

 

 

WHAT IS MY SAHEL FAMILY PROTECTION PLAN?

"My family my Protection"

This is an innovative plan designed to protect individuals and their nuclear families against general uncertainties of life. It ensures that the family lives good and happy even if some unfortunate and inevitable events of life happen to the breadwinner, spouse and children.

HOW CAN I APPLY FOR THIS PLAN?

  • Must be between ages 18 and 55 years
  • Be an income earner and be able to contribute a minimum of GH¢20.00 monthly
  • Must have an account with Sahel Sahara Bank
  • Must be in good health

BENEFITS OF THIS PLAN

  • Provides up to GH¢ 25,000.00 for spousal death and death of plan holder
  • Provides up to GH¢ 5,000.00 yearly for any disability suffered by the plan holder
  • Provides up to GH¢ 5,000.00 yearly for plan holder suffering from any of the fifteen (15) dread diseases
  • For policy holder being retrenched from formal job, an amount of GH 10,000.00 is paid out 
  • Financial stress resulting from child disability is eliminated or mitigated by paying out GH¢ 2,500.00.

HOW EASY IS IT TO MAKE A CLAIM

  • You complete a claims form
  • Attach material evidence in support of claim
  • Entitlement will be paid directly into your Sahel Sahara Bank account within 48 hours upon receipt of evidence
  • This is a financial plan that guarantees you and your immediate family maximum protection. If you really care and love your spouse and kids, then this is a must have plan. 

MY SAHEL HOME CALL PLAN | A life well lived

The uncertainty regarding when we may lose a loved one and the insecurity as to how to get funds for the funeral is a risk we are all exposed to. Management of this uncertainty and insecurity is quite easy but unfortunately it has eluded a lot of us. My Sahel Homecall Plan is carefully designed to serve as a solution to this uncertainty and insecurity. 

PLAN REQUIREMENT

The following basic requirements are to be met to be able to enjoy the benefits of this plan:

  • You must have a running account with Sahel Sahara Bank 
  • You must be 18 years or above but not more than 65 years;
  • You should be a regular income earner
  • Information on your health and those of your covered members MAY be required

WHO CAN THIS PLAN COVER?

  • The applicant (must be 64 years or less)
  • The applicant spouse (not more than 64 years)
  • The applicant parents and parents’ in-law (not more than 74 years)
  • One Extended family member (not more than 74 years)
  • Applicants children below 24

PLAN FEATURES

  • Benefit increase option, to ensure cash benefit is hedged against inflation
  • 25% of third year trade;s contribution shall be refunded if no claim is made over every three year period
  • Plan remains in force for other members without any further contribution if account holder passes on (dies)
  • Plan can be reinstated after it has lapsed for non- payment of contribution within twelve (12) months
  • Plan has no surrender value or policy loan

PLAN BENEFITS

  • Perfect peace of mind
  • Guaranteed cash value throughout the plan period
  • It provides instant and adequate cash to cover the following expenses:  
  • Mortuary Fee, 
  • Casket/ Coffin, 
  • Hearse Service, 
  • Pall bearer service etc
  • An amazing customer service awaits you.

WHAT DO I DO IN THE EVENT OF DEATH?

  • All you need to do is to officially notify us and complete a death benefit form. 

HOW TO ACCESS BENEFITS

All you need to do is to officially notify us and complete a death benefit form. 

HOW TO ACCESS BENEFITS

All you need to do is to officially notify us and complete a death benefit form. 

HOW TO ACCESS BENEFITS

Legitimate cash benefits shall be paid promptly if any member passes on after satisfying all requirements and upon receipt of any of the following:
A valid Medical Certificate of cause of death
Death certificate
Evidence of relationship with Principal assured
Evidence of coverage

ILLUSTRATION

The table below summarizes the benefits structure applied under THREE main options.

Product

Variant

Main Member

Sum Assured

Spouse

Sum Assured

Child

Sum Assured

Extended Family

Sum Assured
Basic GH¢ 2,500 GH¢ 2,500 GH¢ 750 GH¢ 1,250
Standard GH¢ 5,000 GH¢ 5,000 GH¢ 1,500 GH¢ 2,500
Prestige GH¢ 10,000 GH¢ 10,000 GH¢ 3,000 GH¢ 5,000