Policy highlights

  • Your monthly income is guaranteed for five years.
  • Your single premium is returned to you after five years.
  • A minimum single premium of R1 000 000.

Business Process

  • The completed and signed application form and quote must be sent to grsp@assupol.co.za on the same day before 13:00 in order to qualify for the rate quoted.
  • All documents stated on the relevant application form must be attached to the application form of the client (for example FICA and proof of payment).
  • The application is captured at Head Office.
  • We (Assupol Life) may offer an alternative rate if the application form is received later than the stated time, and the policy may also only start on the next day. A new signed quotation will be required.
  • Funds must be deposited before 13:00 to qualify for the indicated rate and we may change the rate if the funds were deposited after 13:00 and market conditions changed. A new signed quotation will be required.
  • If any documents are outstanding, we may change the rate if the documents are received after the stated time. A new signed quotation will be required.
  • The payment of funds into Assupol’s bank account does not guarantee that the policy has been accepted or that the client automatically qualifies for the indicative rate. We have the discretion to reject the application particularly where the required FICA documents were not submitted.
  • We will provide banking details as soon as the application and FICA documents were reviewed and was accepted.
  • Proof of payment of the single premium deposit can be faxed to 087 237 1011 or e-mailed to grsp@assupol.co.za.
  • Confirmation of the investment will be provided within eight hours after the funds were received.

Please ask your intermediary about our Guaranteed-income Single-premium Plan.