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I know you surely will fall in any of the categories above, but I must say I know your greatest fear which you

probably might not have focused on

If you work hard, try to plan for the best future, try

to provide the best life for your family & kids(If

any). You are the one I’m talking to

You earn little, yet find a way to feed your family

(Sense of living)

You’re averagely okay but clouded with so much

expenses and have no reserve, yet your family

survive

You are classed as successful in this present economy because your

income/investment can cater for now, tomorrow or after you’re no more

You see yourself as poor/useless and have the

fear of not achieving anything

You live for yourself and carless of anything

around. You believe in self survival

You believe you are too young to think of

others. Therefore, you enjoy to be taken care

of by parent

Your greatest fear is Death! (Take it or leave it). I know you might be disgusted right now and not want to read further. This word is definitely what most of us shy from or never wish it comes our way. We know it’s certainty but just don’t know when. If you

still have doubts that this is not your fear. Ask yourself these questions:

If truly your religious believes about eternity, paradise, hell or eternal torment are true, where would you be after death?. If you have answers to this, how sure and positive is your answer? Is it certain or automatic? What will happen to my family after my dismiss? Will my children continue with the kind of education I ever dreamed of? Is my reserves enough to sustain my family them for a life time? How can I increase my financial worth? What will my family say of me when I’m gone Will I say I have lived a fulfilled life?

Nigerians are faced with Natural (Health hazard) and accidental death on a daily bases (Nigeria Death expectancy rate: 48years). Look around you, you’ll find young people die everyday

Nigerian’s are known to be hardworking, loving but most times ignorantly selfish to themselves. In the bid to make ends meet (provide for family and satisfy daily expenses), They forget the real purpose of our existence.

If we agree that the main purpose of our existence is to make a positive impact to our generation and fulfill God’s purpose.

What then happens in the process of achieving all, the eventuality of death occurs?. No one wishes to die, everyone sees death as a bad thing but When bad things happen in life, you are left with three choices. You can either let it define you. Let it destroy you or let it strengthen you

U.S.A 78 years Canada 81 years United Kingdom 80 years Nigeria 48 years

Diabetes Cancer

Accident

Heart Failure

What can I say I’ve achieved when I am no more?

How will my loved ones survive when we I’m not there

How much will my family need for immediate sustenance or

survival? #1million, #10million, #20million etc.?

Whose responsibility is it to provide for the

immediate needs of my family in my

absence?

How much is my financial worth?

How can I increase my financial worth?

What can I do to have a peaceful eternity?

=N1million

=N1

0m

illio

n =N

20

millio

n

=N100million

Physical : Get a Pure Life Assurance

• Mutual Term Assurance Policy • Mutual Benefits School Fees Guarantee Scheme • Whole Life (Limited Premium Payment Plan)

Spiritual : Be Dedicated to the rules binding your religion

Know about your religion, study the rights and wrongs of your religion.

Christians: remember that you will be questioned for not taking care of your family (1 Tim 3:5)

Muslims: Some Muslims don’t believe in insurance because they feel it’s a form of gambling. Al-Munajjid advises Muslims about what to do in such a situation: "If you are forced to take out insurance and there is an accident, it is permissible for you to take from the insurance company the same amount as the payments you have made, but you should not take any more than that. If they force you to take it then you should donate it to charity.“

You pay a very small amount (premium e.g #5000) to enjoy a very large cover (#1million) for a year.

Convenient payment options – monthly, quarterly, half yearly and yearly.

Creation of immediate estate upon the inception of the policy for the dependants.

In case the assured lives until the end of the specified term of the policy, the policy expires and no benefit is

payable.

It creates confidence in the mind of the assured to move on with life activities.

Term Assurance is one of the cheapest pure life assurance policy. It is a type of assurance policy

taken within a specific period, maybe 1yr, 2yrs etc. A little amount is paid to cover an

assured/person within a period. If the assured survives the period, the assurance expires and

there is no payment made by the insurance company.

The amount to be paid to purchase the cover is determined by the; Sum Assured, Age of Assured & Duration

Age Premium/ How much to pay

Financial worth/ Sum Assured

20-40 2,500 500,000

41-50 3,750 500,000

51-60 7,500 500,000

Mutual Benefits School Fees Guarantee Scheme is an insurance plan designed to guarantee the continuation of a child’s education in the event of the parents not being there to fund their education as a result of death, critical illness or permanent disability.

It is a renewable contract policy that pays for the school fees of the

child(ren) for the remaining term/semester from the point the

sponsoring parent falls critically ill or suffers a permanent total

disablement or dies.

If death occurs, the policy pays the sum assured to a named (trusted)

beneficiary chosen by you for your children’s education.

Minimum duration is One (1) year

Minimum age at entry is 18 while the maximum age at entry is 60

Benefits required can be adjusted to ensure adequate provision for

the child’s education

Multiple children with varying years of education outstanding can be

covered

The plan does not attract surrender value benefit

Convenient way of funding

Children’s Education

Ensures realization of Children’s

Education

The scheme helps you to cater for

your children’s education even

when you are no longer available

Tax advantages

It guaranteed peace of mind

It is one of the cheapest and

affordable form of insurance

Whole Life Assurance policy is a type of insurance that provides insurance coverage of the contract holder for his/her entire life. In other words, it does not have any form of maturity benefit. It only pays an agreed benefit (The Sum Assured) to the beneficiary of an assured after the assured must have died.

Minimum age at entry is 20 while the maximum age at entry is

60

The duration of this policy usually a function of how long the life

assured lives. That is the duration is a life time.

Premium payment stops at a specific age chosen by the

assured, say 45, 50, 55, 60 or 65.

Note however that the longer the age at which the premium

payment will cease, the cheaper the premium payable.

If after the premium payment has ceased, the assured is still

alive, the policy will be in force until the life assured dies before

the benefit becomes payable to the named beneficiary(ies)

Family protection cover for the entire life Tax advantages It guaranteed peace of mind It is the cheapest and affordable form of insurance If death occurs, the policy pays the sum assured to named beneficiaries chosen by you.

There is no policy loan available under this policy.

This plan does not acquire surrender value

The policy has no maturity date

The premium payable under this type of policy is

determined by the following factors

The Sum Assured selected by the assured

The Date of Birth of the assured, and

The Age at which the Life Assured would like to

stop premium payment

Contact Me: 08036411416 or 08023782509 Bayomutualbenefits.blogspot.com