Limited Period Assurance
The sum assured will be paid in addition to the profits in respect to stop payment of premiums in case of death of the insured. The program will continue until the end of the program period, whether the insured is alive or - Allah forbid - in case of death.
Question and Answer:
Who can participate in this program?
Participate in this program any person from the age of 20 to 56 years.
Can I borrow from this policy?
Yes, you may borrow from this policy up to 90% of the liquidation value after 3 years from the start of the policy.
A person of age 30 years who wishes to obtain a sum assured of 10,000 Egyptian pounds for a period of 20 years, he pays an annual premium of 394.79 Egyptian pounds for a period of 20 years, as the company pays 10,000 Egyptian pounds in the expiry date in addition to the profits paid to his heirs at the date specified for the expiry of the period of twenty years.