This flexible investment solution has all the benefits of ordinary endowments plus a number of very attractive additional features.
The minimum contribution for the Sanlam Wealth Edge Endowment Plan is R100 000
How long to invest for
You have to invest for a minimum initial term of five years.
Freedom to change your choice
You have the freedom to change your underlying investments. There is no charge to make a change, but depending on where you move your money to, initial investment charges may apply.
Your investment choices
You can choose from a range of solution funds managed by a dedicated team of investment specialists, according to your chosen risk profile. If you prefer to do so, you can also construct your own portfolio in collaboration with your financial planner, from a range of carefully selected investment funds to suit your risk profile.
How it works
Access to your money
The initial policy term is five years, known as the restriction period. During this period, contributions, loans and surrenders are restricted in terms of the Long-Term Insurance Act. After the first five years you can make any number of withdrawals, subject to a minimum amount that must remain in the plan until it is terminated.
Ownership and rights
You may use your rights to the policy as security for a loan. You may also transfer these rights to someone else by means of an outright cession.
Fees vary per product and your underlying investment. Please speak to your financial planner to make sure you understand which fees you pay and why.