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BLC Bank

Education

    • This is a saving and insurance plan that helps you secure the higher education of your children while insuring their schooling payments.
      • 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
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