Binary Policy
Advantages
The company at the end of every ten years from the start of the insurance pays one half of the sum assured in addition to the profits at the end of the insurance period as long as the insured is alive.
Also will be paid to the beneficiaries of the policy the full basic sum assured in addition to the profits up to the date of death - Allah forbid - regardless of what has already been disbursed from previous installments.
Question and Answer:
Does this program give me protection all over the world?
Yes, this program gives protection worldwide after issuing the policy.
Who can participate in this program?
Participate in this program any person from the age of 21 to 50 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 and in accordance with the terms of the policy.
Example:
Adel is 35 years old, he is married and has a child, like any father he is very worried about her future and wants to ensure for her a stable life in case of his death especially that he did not think to save money for her before and is thinking to raise their standard of living from time to time, therefore, he decided to participate with us in this program, he saved (432) Egyptian pounds from his monthly income to grant that every ten years from the insurance date amount (50000) Egyptian pounds in addition to profits at the end of the insurance period, which is twenty years, and in case of death (Allah forbid) pay to him the full sum assured in addition to profits until the date of death.