About Goal-Based Savings (LEFISOANA)
Officially referred to as the Goal-Based Savings product, LEFISOANA is designed to allow you to save money each month in a savings policy that has been uniquely structured and customized to meet your own individual savings needs.
This means that:
- You will need to define a goal savings amount that you would want to achieve at a defined point in time in the future or multiple points in time in the future.
- A monthly contribution will be calculated upfront. This is the amount that you will need to contribute on a monthly basis in order to reach your defined goal savings amount.
- Once the goal savings amount has been reached at the defined point in time, the goal amount will be paid out to you and the policy will terminate within the specified time.
This benefit is offered to you as a standalone product.
The product allows you to withdraw from your investment value subject to the withdrawal rules in the detailed policy document here.