CB Chahada - Education Saving Plan


 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- Monthly premiums starting from USD 25, automatically withdrawn from bank account.