Our Special Endowment Policy can be used as a savings plan. It is of special interest to persons who, besides desiring to provide for their own old age and family, feel the need for lump sum payment at periodical intervals. The minimum entry age is 18 years old and minimum sum assured is SR 50,000. Types of plans under Special Endowment Policy are as follows
Maximum age of entry is 48 years old. During the course of the term of the policy, the policy owner will receive the following:
Maximum age of entry is 43 years old. The following survival payments are made during the policy term:
Maximum age of entry is 43 years old. During the course of the term of the policy, the policy owner will receive the following:
In the event of death at any time within the policy term, the full sum assured will be paid regardless if any deductions or adjustments that have been made to the policy earlier. Under our Special Endowment plans, we also provide cover for Total and Permanent Disability.