Good Bye Tension.Hello Pension!

Most people believe that they’re on the right track with their personal finances and retirement planning.But often, they don’t know what they don’t know. Misconceptions can negatively impact how you prepare and save for the future and blind spots can undermine your financial security.

This is SONARWA LIFE comes into picture. Having a legitimate protection for yourself or for your family can offer you some assistance while avoiding tension and stress when you should be enjoying your years of hard work in retirement.

"Simple Language. Clear Policies. Transparent Procedures."

Personal Pension Plan
is a personal financial plan that helps the holder to accumulate fund towards the provision of retirement income.

Who can purchase Personal Pension Plan?
• Self-employed individuals who are not members of social security fund
• Employees or directors who are members of social security fund but desire to augment their retirement income
• Employers for the benefit of their employees

Benefits and features of Personal Pension Plan
• Individual policies are issued
• Flexible payment of contributions (yearly, half-yearly, quarterly, monthly)
• Optional Life Insurance benefit
• Waiver of contributions in the event of death or total permanent disability (in this case the beneficiaries benefit total life cover + surrender value)
• It continues irrespective of change of jobs
• Individual statement of fund balances is provided
• All benefits are tax free

Read more about other Policies