Old Mutual Life Assurance Company Limited (Ghana) has held a surprise birthday party for a customer, Margaret Tetteh, who is a staff of GIHOC Distilleries.
The party which was held on Monday, December 21, was to appreciate the customer, especially at a time when her birthday coincides with the maturity of her Special Investment Plan.
The Special Investment Plan (SIP) is a savings product which can be used as a supplementary pension plan or a savings plan towards achieving one’s lifetime financial goal.
![](https://www.myjoyonline.com/wp-content/uploads/2020/12/Old-Mutual-Life-Assurance-holds-a-surprise-appreciation-party-for-customer-1.jpg)
The maturity benefit is a lump-sum amount payable to the policyholder at a future date chosen at the beginning of the policy.
The company also gave Margaret Tetteh a 10% cash-back on her Transition Funeral Plan after celebrating her 5th anniversary on the policy.
The transition funeral plan provides cash-back benefit equal to 10% of the actual premiums paid on the policy in the preceding 5 years irrespective of the claim being made during that period.
The benefit is available every 5 years, which is on the 5th, 10th and 15th policy anniversary.
![](https://www.myjoyonline.com/wp-content/uploads/2020/12/Old-Mutual-Life-Assurance-holds-a-surprise-appreciation-party-for-customer-4.jpg)
The transition plan also has a 15-year premium payment term after which clients enjoy cover without further premium payments.
Head of Distribution – Old Mutual Ghana, Emma Ocansey, stated that the act was in fulfilment of a promise to walk hand in hand with the policy-holders on their journey to achieve their lifetime financial goals.
“This gesture demonstrates the Old Mutual commitment to deliver on our promise to every customer.”
Old Mutual Ghana is part of the Old Mutual Group which provides life insurance, asset management, banking and general insurance products to more than 16 million customers in Africa, America, Asia and Europe.
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