Wapic Smart Senior targets secured retirement for consumers

As part of the recent Get Smart move by Wapic to encourage the savings culture among target audience, the company rolled out another ‘Smart’ product called Wapic Smart Seniors Plan. This is basically an insurance solution that provides one the opportunity to save funds towards retirement with an insurance cover.
Rantimi Ogunleye, Group Life Assurance, MD said “Retirement is a sweet haven only for a prepared person! Financial planning toward retirement in this economy could pose a challenge, requiring a lot of discipline to achieve.”
Considering the various channels available through which one can make withdrawals from their regular savings, using an insurance vehicle such as the Smart Seniors plan provides that needed control which will guide one towards achieving this golden goal, he said.
In addition to enjoying return on one’s savings, Wapic Smart Seniors Plan also provides the opportunity of having an insurance solution covering the risks of demise, permanent disability and critical illness
He listed the benefits of the insurance plan including no underwriting for your convenience; critical illness benefit, permanent disability benefit up to 200 percent of the sum assured; In the event of demise, the sum assured together with the account balance; succour in the event of demise, permanent disability or critical illness and premiums are tax deductible.
The Smart Plan products are tailored to meet the diverse financial needs of Nigerians, the company said.

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