Value Added Benefits
United Pension Trustees Limited originates a 10 – 20 year mortgage loan of 100% of the target home price for the Employee, to acquire a home.
- Tier 2 is used to guarantee a mortgage (home) loan for members
- Tier 3 is used to accumulate funds to pay off the mortgage loan principal
- Employee pays interest only on the home loan secured plus life assurance and property insurance premiums over the term of the loan
- At the end of the Loan Term, proceeds from the accumulated contributions from your provident fund (Tier 3) contributions and investment yields would be used to pay-off the home loan as a lump sum.
GROUP LIFE ASSURANCE BENEFIT
At United Pension Trustees Limited we assist our scheme members’ to secure a life assurance and disability cover of up to five(5) times annual salary at a very affordable premium rate. Life assurance cover can be extended to family members.
Every scheme member can access Nkosuo loan for duration up to 3 years at competitive interest rate.
Is a one month loan facility disbursed to scheme members (employees) who have signed on the pension and provident fund scheme in the form of a salary advance. This facility seeks to grant financial assistance to beneficiaries who may need immediate funds to transact business or take care of an emergency at their own convenience through the use of Mobile Money Wallet.