The full sum assured will be paid in addition to the profits in case of any of the following:
a) At the end of the insurance period if the insured is alive.
b) Immediately in case of death - Allah forbid - and before the end of the insurance period.
Question and Answer:
Who can participate in this program?
Participate in this program any person from the age of 20 to 60 years.
Does this program give me the protection all over the world?
Yes, this program gives protection after issuing the policy worldwide.
Can I borrow from this policy?
Yes, you may borrow from this policy after 3 years from the date of its effect up to 90% of the liquidation value and in accordance with the terms of the policy.
Can I change the payment method during the period of validity of the policy?
Yes, you can change the payment method.
Alaa is 35 years old, has three sons who wants to insure his life for 20 years with sum assured of 100,000 Egyptian pounds so that he can marry his children, he decides to save from his monthly income 345 Egyptian pounds to participate in the Endowment Assurance program to guarantee at the end of twenty years the marriage of his children or share to make project for his son.
This program will guarantee at the end of the program period amount of 100000 Egyptian pounds in addition to the profits or to the beneficiaries if the death occurred - Allah forbid - before the end of the insurance period in addition to the accumulated profits until the date of death.