As part of our ongoing efforts to provide comprehensive financial solutions, we are pleased to introduce the Ladies' Protection and Savings Program—a unique offering that combines long-term savings with insurance protection, including dedicated coverage for specific types of cancer upon first diagnosis.
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Program Highlights:
- A waiting period of 90 days from the policy start date applies. The benefit will be paid 30 days after the first diagnosis.
- Any cases diagnosed with cancer prior to enrollment in the program are excluded from coverage.
Covered Types of Cancer:
- Breast Cancer.
- Colon Cancer
- Cervical Cancer (including ovarian and fallopian tube cancer)
- Urogenital Cancers (including bladder, urethral, and kidney cancer)
Program Benefits:
- A structured savings plan with a fixed maturity date
- Flexible monthly contributions starting from Ʀ 300
- Investment of savings in diversified strategies managed by Alinma Capital
- Cancer coverage of up to Ʀ 200,000 for specified types
- In the event of death, the higher of the protection amount or the total savings (plus any returns) will be paid
- Partial withdrawal allowed in emergency cases
- Option to exit the program at any time before maturity
- Coverage continues until the policyholder reaches 64 years of age
- A 21-day free-look period with the option to cancel and receive a refund (minus any applicable medical exam or protection fees)
- Flexible payment methods: Standing order or direct debit