24th May, 2017  | Contact us
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Term Assurance Plan
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This is a financial plan whereby the sum assured becomes payable on the death of the life assured within the term of the policy (term chosen by the assured).

It provides protection for dependants in case of untimely death before the end of the policy duration.


Mode of Payment of Premium

  • Single Premium
  • Annual Premium


Minimum age at entry is 18yrs
Maximum age at entry is 64yrs


Other Conditions


Prospective Policyholder whose sum assured is in excess of =N=1,000,000.00 will undergo medical examination.

Any prospective Policyholder who is aged 45 yrs and above will undergo medical examination.

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Copyright 2016 Industrial & General Insurance (IGI) Plc. All Rights Reserved.

iginigeria.com is the source of information about and access to insurance services provided by Industrial & General Insurance (IGI) Plc.

Head Office: IGI House, No 2, Agoro Odiyan, off Adeola Odeku, Victoria Island, Lagos, Nigeria.

Authorised and regulated by the National Insurance Commission. RIC No - 018