SLICO SPECIAL "FAMBUL" GROUP LIFE ASSURANCE POLICY
This Special Group Life Assurance Scheme is operated by the Sierra Leone Insurance Company (SLICO).
It is a scheme in which members can opt to pay any of the four levels of premium as shown on the PREMIUM and BENEFITS schedule either on a daily, weekly (5 working days), monthly, quarterly, bi-annually and annual basis.
REASONS TO JOIN
The Group Life Assurance is very much beneficial to members for the following reasons:
To save for a future while working.
To enable you save part of your earnings to alleviate future hardships
To enable you obtain policy loans under the scheme without being required to provide a collateral for a loan.
To cater for unforeseen contingencies that may befall in your lifetime, such as disability or loss of livelihood, as well as to provide for your relatives and loved ones in the event of premature death.
WHO CAN JOIN
Be between the ages of 18 - 55
Sierra Leone resident
HOW TO JOIN
You should agree to pay a premium from your earnings.
You must pay Le 2,000 daily, five days a week, Mondays Fridays or you may opt to pay weekly, monthly, quarterly, bi-annually and annually via ORANGE money.
This payment serves as your insurance premium towards the scheme and mist be made regularly without fail through ORANGE money only and not through a SLICO Marketer or via any other means.
The ORANGE money code is #144#3