MUTUAL EDUCATION GUARANTEE ASSURANCE PLAN (MEGA)
MEGP is specifically designed to take care of both the immediate and future educational needs of your children/wards. This product is carefully packaged for the purpose of meeting the financial obligation of paying children school fees on either quarterly or yearly basis.
After every scheme year, the parent can withdraw as much as 90% of the account balance to cater for the payment of the children school fees and other educational financial needs. However, if the parent dies while the scheme is still running, death benefit of two times the policy holder?s annual premium plus the investment account balance subject to maximum of N1,000,000.00 will be paid to the deceased family.                     
      
Benefits
Regular savings for payment of school fees with an option to withdraw annually.
Additional collateral for loans and overdraft
Flexibility to change beneficiary.
Guarantee future education for your child in case of eventuality.
Tax relief.
INSURANCE COVER: - Free life cover of twice total annual contribution plus the balance in policyholders account up to a limit of N1,000,000.00
Interest rate: 5%

Features     
Minimum Annual Investment of N60,000.00
Minimum entry Age is 18 years.
Maximum entry age is 60 years.
Minimum period: 4 years
Frequency of payment : monthly/quarterly/half-yearly and yearly
Mode of payment: cash/cheque/direct debit mandate
Optional partial annual withdrawal of not more than 90% of account
balance to meet the needs at every academic session.

To purchase policy or get more clarification please contact us:
Tel: 08036411416 or 08023782509
Email: bayomutualbenefit@gmail.com or omotoshoa@gmail.com
Address: 38 Community road akoka, Yaba, Lagos