Platinum Savings Program

Platinum Savings Program

Whether you are planning for a comfortable retirement or are working toward the Platinum Savings Program is designed to provide you with necessary flexibility to realize your personal goals. This Shariah-compliant program will enable you to be financially prepared for the future while ensuring financial protection for yourself and your family.

 

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Benefits that keep pace with your needs
  • Program provides long-term savings with a specific maturity date
  • Flexible monthly deduction starting from SAR 500
  • The minimum subscription is 5 years.
  • Coverage up to SAR 10,000,000 in the event death
  • Partial withdrawal of 25% of the total program values after completing 36 months.
  • 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.

 

Platinum

program, illustration

35
Years       

Insured age

500
SAR

Contribution / monthly

25 Years

Policy term

150,000
SAR

Total premium invested policy term

171,500 SAR

Total premium invested policy term including projected return 3%

227,300
SAR

Total premium invested policy term including projected return 5%

303,900
 SAR

Total premium invested policy term including projected return 7%

250,000
 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