*UAP SOMESA PLUS*
It's never too early to start thinking about your child's future. In fact, the earlier you start saving for their education, the better. The truth is, the best time to start putting money away for those school fees or university tuition, is right now.
What is SOMESA Plus?
SOMESA Plus is a consolidated life cover, savings and investment plan that allows you to gradually save for your child’s education. We attach value to your savings with monthly bonus (interest). It guarantees school fees for when your child joins the educational institution you’ve selected.
*Benefits of SOMESA Plus education plan*!
✓It allows you accumulate education funds for you child - so that by the time your child joins Primary, High school or University you have the required funds.
✓It being a life cover savings policy it attracts *Waiver of premiums* Further contribution are suspended in case the policy holder dies, gets accident, disability or gets an illness that makes him unable to continue funding the policy - UAP takes on the policy on his/ her behalf until maturity.
✓ Life cover of 10% is paid to the family or Next of kin, and total lump sum shall paid upon maturity.
✓ It attracts child income benefit of 12% of sum assured which paid annually, and up on maturity date the sum assured is paid.
✓ We attach a value to your savings with monthly bonus (Interests)
*NB*. You could be having a child who could be joining primary, secondary or University in next 5-10years, this is the education plan that you take on. It guarantees uninterrupted education journey for the child regardless of Life's uncertainties like loosing income due to illness, loss of employment, or even death. Take charge of the education journey for children.
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06/12/2024
Sign up for the UAP SOMESA Plus Plan - a consolidated education plan that guarantees uninterrupted studies for your child. Your child will continue studying even in your absence.
Take on Somesa plus. It's a consolidated education plan that guarantees uninterrupted study of your child. Your child will access quality education even in your absence.
04/09/2024
FANCY HOME WORTH 200M UGX.
A concise and clear summary of the plan:
*Step 1: Set Your Goal*
Identify your dream or goal
*Step 2: Invest*
Invest in a 5-10 year plan
*Step 3: Enjoy Benefits*
Enjoy life cover and savings benefits
*Step 4: Receive Payout*
Receive a guaranteed lump sum payment of 200M at maturity
*Additional Benefits:*
- Waiver of premiums
- Life cover paid to family (10% of sum assured, 20M)
- Disability benefit (5% of sum assured, 10M)
*Important Note:*
These rider benefits do not affect or reduce the sum assured.
*Financial Security:*
Your loved ones will receive a 200M lump sum payment, ensuring their financial security.
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