This is a saving and insurance plan that helps you secure the higher education of your children while insuring their schooling payments.
BLC Bank
Education
-
-
- Premiums starting $40
- Payments can be monthly, quarterly, semi-annually, annually
- Premiums are automatically debited from your BLC Bank S.A.L USD Fresh account.
-
- In the unfortunate event of total permanent disability or death of the insured, this plan will secure:
- Continuity of premiums settlement
- Payment of schooling amounts as determined by the insured at subscription
- At contract maturity, the beneficiary will receive the total capital and the returns on the investment
-
- High and attractive annual return on the real cash value of the plan
- Option of receiving at contract maturity your investment value as: Cash lump sum and Annual income spread over a period of 3 to 7 years
-
- You can at anytime change the premium amount, yearly increase percentage, and payment frequency.
- You have the option of boosting your plan with minimum of $100 whenever desired (+$2 Fresh as stamp fees)
-
You should be between 18 and 64 years old




