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CB Chahada - Education Saving Plan
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| CreditBank s.a.l. Tel: (01) 501600 Fax: (01) 485245 |
Designed in collaboration with Allianz SNA.
Coverage
- The continuity of the saving plan to ensure the payment of the agreed-upon university tuition fees, in case of death or total permanent disability.- Optional: Payment of the schooling tuition fees until the children reach the pre-defined university age, in case of death or total permanent disability.
Conditions
- The insured should be a CreditBank client- Age: between 18 and 55 years - Premium: USD 25 minimum
Advantages
- Flexible plan that suits the budget of the insured.- 4% minimum guaranteed annual rate of return on investment amounts - The possibility to benefit from additional return on investment according to the dividends' rate declared each year by Allianz SNA. - The possibility to protect the investment amounts from inflation through an annual variation rate ranging between 1% and 10%. - Monthly premiums starting from USD 25, automatically withdrawn from bank account. |