GROUP FAMILY SHIELD
Research shows that the insurance sector contributes less than 1% of GDP of most African Countries. CUFM Nigeria had secured Group Family Shield Cover underwritten by FBN Insurance, a leading Insurance Company in Nigeria; to popularize life insurance policy among her associates while creating the platform for them to create massive wealth,
CUFM has developed a business opportunity around this product that enables associates to build wealth by sharing the business opportunity with others while promoting the product.
The Group Family Shield is a life insurance plan for every CUFM associate with a sum assured of Five Hundred Thousand Naira (N500,000) in case of natural or accidental death.
The Group Family Shield Policy covers individuals between the ages of 18- 65 years; anybody above 65years can benefit from CUFM business opportunity but is not entitled to the sum assured by our underwriter.
The Group Family Shield takes effect 3 months after subscription to CUFM in cases of natural death. In case of accidental death, the policy takes immediate effect.