ATL Life’s DeerghaYOU Plus can help in retirement
Amãna Takaful’s (ATL) DeerghaYOU Plus continues to help Sri Lankans across the country achieve greater financial freedom and independence when they retire. “Saving for your future, should not be left for the later stages of your life, your golden years should be a time filled with relaxation and enjoyment. By investing in DeerghaYOU Plus, you can enjoy peace of mind and rest assured that you will always be provided for in the future,” the company said last week.
“Simply by putting a pre-agreed monthly amount aside with ATL’s plan will ensure your financial freedom. Your monthly contribution, will be set aside in a dedicated fund, which you can leave to accumulate and then claim over a period of between 15-30 years. One of the most unique aspects of this product is that, unlike a traditional savings account or fixed deposit, it will continue to grow even in the unfortunate event that a policyholder passes away. ATL in this case will continue making the investment on behalf of the policy holder up to the pre-determined date. Thereafter the spouse will be able to access the funds and enjoy a peaceful and stress-free family life,” it said in a media release.
Policyholders can choose differing fund options - a Protected Multiple Fund that is designed to protect your savings, and a Growth Multiple Fund that is designed to benefit from market performances at moderate risk - each fund has the capacity to grow over time. The plan also gives the investor the flexibility to withdraw up to 30 per cent of his/her investment fund during emergencies.
Commenting on this policy and the importance of planning for the future, Gehan Rajapakse, CEO ATL Life, stated, “We are seeing a growing number of policyholders in their mid-thirties to early forties opting for our DeerghaYOU plan, instead of leaving it as an after-thought to be dealt with at the end of their working lives. This is extremely encouraging and a prudent approach to financial planning, as life is filled with uncertainties”.