Tetelo Savings Cover
Dream, Plan, Action. (Ts and Cs apply)
Discover the Tetelo Savings Plan: simple, convenient, and reliable investment & savings solutions.
The Tetelo Savings Plan offers a flexible way to save, providing you and your loved ones with options to reach your financial goals. By choosing Tetelo, you're building a secure and reliable future.Choose an option to save:
1
Goal-Based Savings
Set your savings goal upfront for a term between 5 and 20 years to ensure you reach your goal.
2
Discretionary Savings
Save any amount you choose each month for a term between 5 and 20 years far ad-hoc goals that require flexibility
3
Savings Rider Benefits
An add-on to your existing funeral policy. Paid out as a lump sum when your savings goal is reached or upon death, with terms between 5 and 20 years.
1. Goal-based savings
How it works:
- Your monthly contributions are calculated to meet your savings goal, guaranteeing the amount you aim to save.
Access to your savings:
- You can access your savings at the end of the term, in case of death, or if you surrender the policy early (note: there's a penalty for the early access within the first 5 years).
- contributions must continue throughout the term. You can add extra money, but only your regular contributions are guaranteed.
2. Discretionary savings
How it works:
- Save any amount at your discretion, each month for a term between 5 and 20 years.
- Your contributions are guaranteed, and any investment returns can be added to your savings at Hollard's discretion.
Access to your savings:
- You can access your savings at any time, but a penalty applies if you do so within the next 5 years.
- After the first 5 years, you can make annual withdrawals. Regular contributions ensure your savings grow, with optional extra contributions allowed (Not guaranteed).
3. Savings Rider benefit
How it works:
- Add this benefit to your existing funeral policy, saving monthly into an independent savings account.
- The benefit is paid out as a lump sum when your savings goal is reached or upon death, with terms between 5 and 20 years.
Access to your savings:
- You can access your savings at any time, but a penalty applies if you do so within the next 5 years.
- After the first 5 years you can make annual withdrawals. Regular contributions ensure your savings grow, with optional extra contributions allowed (Not guaranteed).
Why choose Tetelo Savings?
Choosing Tetelo Savings means picking a plan designed to help you save for every stage of life. Our flexible and comprehensive options ensure you're prepared and protected. Whether you're saving for a specific goal, setting aside extra funds, or enhancing your funeral policy. Tetelo offers unmatched value and peace of mind.
Ambitious Goals, Planned Strategy, Achievable Future.