Ladies' Protection and Savings Program

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
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