If you are saving for a specific goal, such as buying a car or a house, or sending your children to university, you will find this much easier with Assupol’s savings plans.
Our affordable premiums and tailor-made plans enable you to choose the product that meets your needs so that you can enjoy a secure financial future.
We have four savings products, each with unique benefits.
|Assupol One Savings Policy||Assupol One Tax-free Savings Policy||Guaranteed-return Single-premium Policy||Guaranteed-income Single-premium Plan|
|What will my minimum|
monthly and single premium be?
|if the term is less than 10 years: R350 per month otherwise R300 per month|
optional single premium: minimum: R5 000
|If the term is less than 10 years: R350 per month otherwise R300 per month|
optional single premium:
minimum single premium: R30 000
minimum single premium: R1 000 000
|Minimum term||5 years||5 years||5 years||5 years|
|Maximum term||none||none||5 years||5 years|
|Does the policy have a surrender value?||yes||yes||yes||yes|
|Can the policy be made paid-up?||yes||yes||not available||not available|
|Can the policy be used as a security for a loan or be ceded?||yes||no||yes||no|
|Can yearly premium increases be selected?||yes – up to 20%||yes – up to 20%||not available||not available|
|Are cash withdrawals allowed?||yes – yearly after 5 years||yes – from the first year of the policy||no||no – a guaranteed monthly income is paid|
|Additional benefits and features||premium waiver benefits may be added|
Assupol One Bonus
|tax-free investment returns – no tax on interest, dividends and capital gains|
Assupol One Bonus
guaranteed maturity value after 5 years
|guaranteed monthly income|
s ingle premium guaranteed after 5 years
|Find out more||Find out more||Find out more||Find out more|