Term life
₦6,800
a month, ₦20m for 20 years, age 35
- Lump sum to your family
- Fixed premium
- Funeral advance
- Terminal illness benefit
Bulwark Life insurance
Life cover so the people you love can carry on
Term life, mortgage protection and group life for staff, paid to your family as a lump sum if you die during the term. Simple questions, clear premiums.
Term lifefrom ₦6,800 a month
Cover₦5m to ₦200m
Terms5 to 30 years
Life insurance
What is covered
Death from any cause
After the first year; accidental death from day one.
Terminal illness
The sum paid early if a doctor confirms less than 12 months to live.
Mortgage protection
Cover that falls in line with your mortgage balance.
Group life
Three times salary for every member of staff, as many employers must provide.
Funeral advance
₦1,000,000 paid within 48 hours to help with funeral costs.
Named beneficiaries
Choose who receives the money, and change it at any time.
Prices
Plans and example premiums
Three ways to buy. Every plan includes the 24-hour claims line and a named adviser.
Mortgage protection
₦4,900
a month, ₦30m mortgage
- Cover falls with the loan
- Paid to the lender first
- Joint cover for couples
- Fixed premium
Group life
₦1,200
per staff a month, typical
- Three times salary
- From five staff
- No medical for most
- One invoice
Example premiums for this demo. A real premium depends on underwriting, and cover is always subject to the policy terms. We assess every claim against those terms and never promise a payout in advance.
Local know-how
Honest about the hard part
A life policy is about money for the people left behind. It does not replace anyone, and we will never pretend it does.
Our claims team includes people trained to speak with grieving families gently, and to explain each document in plain words.
The funeral advance is paid within 48 hours of the death certificate, so families are not borrowing in the first week.
Talk to an adviserStraight talk
What is not covered
We would rather you know now than find out on the day you claim.
- Suicide in the first year
- Health conditions not disclosed when you applied
- Death while taking part in a crime
- Premiums unpaid after the 30-day grace period
This is a summary. The full list is in the policy wording, which we send before you pay.
Extras
Optional add-ons
| Add-on | Example price |
|---|---|
| Critical illness | from ₦2,400 a month |
| Accidental disability | from ₦1,100 a month |
| Waiver if you cannot work | from ₦600 a month |
| Child cover | ₦500 a month |
Claims
If you need to claim
- 01
A family member calls or messages our bereavement line
- 02
We list the documents needed and help to collect them
- 03
The funeral advance is paid within 48 hours of the certificate
- 04
The full claim is assessed against the policy terms, usually within 30 days
FAQ
Questions
Do I need a medical?
Not for most people under 45 asking for less than ₦50m. We ask health questions instead.
Can I change my beneficiaries?
Yes, at any time, by signed form or in a branch.
What if I stop paying?
There is a 30-day grace period. After that the cover stops; term life has no cash value.
Keep exploring
Related cover
Price your life cover
Four steps and about two minutes. Pay the first month through Receivly if you are happy.