Greenlife Single Premium Savings

The Greenlife Single Premium Savings Injection Benefit provides a flexible investment to earn growth on capital.

Features and Benefits

  • Allows a once-off injection of funds.
  • The minimum investment term is 10 years and is open-ended.
  • The benefit is invested in units of the Old Mutual Malawi Investors Fund (taxed). The fund is market-linked with its investment performance, together with the number of units purchased each month, determining the growth in your savings benefit.
  • Market-linked to achieve rapid growth.
  • Flexible – partial disinvestments are allowed. The partial disinvestment value will depend on the value accumulated during the investment period as well as the unit price at the time of investment. A plan amendment charge is levied for each partial disinvestment during the premium payment period.
  • Provides a disciplined way of saving.
  • Long-term financial security.
  • The value of units may go down as well as up and past performance is not necessarily a guide to the future.

With the Single Premium Savings Injection Benefit you also have the option to add the Greenlife Risk component where you can choose the benefit cover that suits you.

The Single Premium Savings Injection Benefit forms part of the Greenlife bouquet of “modular” components or benefits where you can add retirement and life assurance benefits to your portfolio to meet your financial needs as your lifestyle evolves.

For more information on the Single Premium Savings Injection Benefit and other products available, please view our frequently asked questions, visit your nearest Old Mutual branch, call us on +265 (0) 1 820 677, send us an email or speak to your sales agent.