Gold Savings Program

Gold Savings Program

Whatever your goals, the Gold Savings Program helps you plan for it  while ensuring financial protection for your family in the event of death or disability. The Gold Savings Program is an ideal, Shariah-compliant way.

 

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Benefits that keep pace with your needs
  • Financial planning package that provides you with a variety of savings, protection, and investment schemes.
  • SAR 150,000 coverage in case of natural death or death due to an accident.
  • Flexible monthly deductions starting from SAR 500
  • The minimum subscription is 5 years.
  • Partial withdrawal of 25% of the total program values after completing 36 months.
  • Available for individuals aged 15 to 70 years
  • Free, 21-day trial period.  If you are dissatisfied for any reason, you may return the policy and have the subscription amount, less any costs, refunded to you.

 

 

Gold  program, illustration

35
Years       

Insured age

500
SAR

Contribution / monthly

15 Years

Policy term

90,000
SAR

Total premium invested policy term

96,000
SAR

Total premium invested policy term including projected return 3%

112,750
 
SAR

Total premium invested policy term including projected return 5%

131,900
 
SAR

Total premium invested policy term including projected return 7%

150,000
SAR

Basic coverage

- There is NO guarantee that the investment return shown above will be achieved. This illustration is based on indicative

-The projected growth rates, as shown in the table above (i.e. 3%, 5% and 7%) are gross rates, before any applicable investment management charge. The effect of investment charge is already taken into account in the illustrated values