LIFE INSURANCE
Life Celebration
The AXA Life Celebration Plan is designed to provide long-term support and peace of mind for you and your loved ones by covering multiple family members under one policy. With this plan, you can insure yourself, your spouse, parents, and even parents-in-law ensuring financial relief at life’s inevitable moments.
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This whole life policy pays a lump sum benefit upon the death of any covered family member. The benefit helps ease the financial burden of funeral costs and other final expenses, allowing your family to focus on what truly matters celebrating a well-lived life.
Benefits
- Provides protection that continues even after you finish paying premiums
- Covers you, your spouse, parents, and in-laws under a single plan
- Ensures your family can focus on celebrating life, not worrying about costs
Features
- Payment Term: Flexible options – 5 years, 10 years, or single payment
- Payment Frequency: Monthly, Quarterly, Half-yearly, Yearly, or Single payment
- Sum Assured:
– Sponsor & Spouse: ₦500,000 – ₦2 million
– Parents/In-laws: ₦300,000 – ₦1 million
- Entry Age:
– Sponsor/Spouse: 25 – 60 years
– Parents/In-laws: Up to 70 years
Claims Process
1. Download and fill out a claim form.
2. Submit the claim form along with the complete documentary requirements online to ccare@axamansard.com or to the nearest AXA Mansard Office.
3. AXA Mansard will confirm the approval of your request through e-mail or a call.
4. Claim will be settled and received via your preferred channel as indicated in the e-mail or call.
FAQs
Each person covered under the policy has their own sum assured. As long as the premiums are duly paid, the respective lump sum benefit will be payable on the death of any of the named lives, regardless of when the death occurs. The sponsor of the policy can decide to either be covered or not covered under the policy.
If premiums are yet to be fully paid, the cover terminates upon the demise of a sponsor. This is unless the policyholder/sponsor has provided prior instructions for continuation in the event of their death.
Yes, each life insured under the policy has their own sum assured benefit. The benefit of each of the life assured is paid on each one’s death.
Your whole life cover remains active for the rest of your life, even after premium payments have ended. This ensures that you and your loved ones continue to enjoy lifelong protection and peace of mind.
The lives assured under this policy cannot be changed or removed once the policy has started.