Barclays Life Protection Plan

Key Facts

This plan aims to provide immediate cash pay-out to the policyholder to cover funeral expenses of loved ones.

Key features and benefits

This plan will only pay the lump sum if you or any member you have insured dies during the period of cover. There is therefore no surrender or maturity value. You decide how much benefit you would like the plan to pay out as a policyholder.

There are five different plan types available to choose from .You cannot switch between plans once your application has been accepted. The plan type and option you choose will determine your monthly premium and the benefits available.

Blue Arrow - Bullet Optional cover levels available in Ghana Cedi


Plans Standard Prime Elite Deluxe Executive
Policyholder 1,500 2,200 3,000 3,600 5,000
Spouse 1,500 2,200 3,000 3,600 5,000
Wider Family (Parents, parents in-law, step parents and foster parents) 750 1,100 1,500 1,800 2,500

The age limit for the insured and spouse at entry is 18 – 59 years,

The age limit for parents at entry is 18 – 74 years

Cash back of 10% of the total premium is paid every five years under the policy if there is no claim on the policy during the five year period under consideration.

Where the policyholder dies through an accident, the policy will pay out twice the sum assured to his or her beneficiaries .This is applicable even where the accidental death is within the six months waiting period.

At the death of the policyholder, the policy will also pay out on instalment basis 5% of the sum assured every month for a maximum period of six months to the beneficiary.

If any family members are covered under the policy and the principal life assured dies before the anniversary preceding the 65th birthday, Enterprise Life will pay the premiums until the principle life assured would have been 65.

The policy will lapse if premium payments are not paid within thirty days after they are due. Enterprise Life may allow the policy to be put back into force within three calendar years of the lapse if all missed premiums plus interest is paid.

All claims should be reported at any Enterprise Life office or Barclays branch throughout Ghana.