Answer
Having discussed your needs with your financial advisor or broker you should find that one of the following variations of MOMPATI is suitable:
- Whole Life - life cover and investment until death
- Endowment - life cover and investment for a specified term
- Pure Endowment - investment only (no life cover) for a specified term
- Retirement Annuity - build up of a retirement fund until retirement age
- Single Premium - lump sum investment for any period of 5 years
- Pure Endowment or more
- Single Premium - lump sum pension transfer from an Retirement Annuity occupational pension scheme or voluntary contribution.
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