Union Assurance provides investment opportunity with inbuilt life cover

Consumers can now invest and receive guaranteed returns of 7.5% simple interest rate per annum (guaranteed return at maturity) with INVESTMENT+ from Union Assurance PLC.

INVESTMENT+ provides a unique investment opportunity and an inbuilt life cover for the policyholders and their loved ones. With a guaranteed total return at the end of the policy term, INVESTMENT+ is the ideal investment solution to realize short-term financial goals, whether it is for a child’s education, starting a new business or as a retirement fund, the company said in a media release.

Investment+ offers policyholders the opportunity to build substantial capital over a shorter term of three years. It also offers protection of the fund for the period, with a built-in life cover that protects the fund against an untimely demise, in which dependents will receive a total guaranteed return. Applicants for the facility must be in reasonably good health and be aged between 18 and 65 years.

In the existing low-interest environment, the product is a stable, short-term investment solution.