AKRBank Ultimate Protection Plan

We have your future covered.

The dreams and aspirations of every family ceases upon the demise of the breadwinner. It is during this trying time that the essence of the role of the breadwinner is truly appreciated. AKRBank fully understand the impact of the loss of the breadwinner to the grieving family and with the best interest of the client at heart, we have designed and introduced the Ultimate Protection Plan (UPP), which as the name implies, provides ultimate protection to the breadwinner and his/her dependents.

The AKRBank Ultimate Protection Plan

This policy is a Unique Term Assurance Policy which pays out the sum assured (benefits) when the event insured against happens within the terms and conditions of the policy.

Scope of Cover

- Death / Total and Permanent Disability.
- Dread Diseases (OPTIONAL)

Policy Features

- Term policy
- No surrender values.
A waiting period of 180 days is applicable on death / dread diseases, however if the policy holder dies through accident, the full death benefit is payable. Return of all premiums if no claim is made within the chosen term. For 10 years and over policy there is even 5% simple interest calculation on all premiums paid.
- Policy is assignable.

Why Sign on the Ultimate Protection Plan

Perfect and absolute peace of mind Attractive non-medical limit of Ghc 200,000.00 (Sum Assured) Returns For Loyalty (RFL) Business continuity in the event of unexpected life contingencies such as Death, Total/Permanent Disability and Dread Diseases. Prompt payment of genuine claims within 72 hours.

Claims Procedures

In the case of death, either a Death Certificate or any other legal proof of death is required. In the case of Total and Permanent Disability, medical evidence by a qualified registered medical doctor is required. In the case of Dread Diseases, medical evidence by a qualified registered medical doctor will be required.

 

About Us

Atwima Kwanwoma Rural Bank was established on the 6th of September 1983 as a financial institution empowered by the bank of Ghana to provide financial service and intermediation within a defined operation area of 32km radius from the main office at Pakyi No.2.

Head Office