Are You Thinking of Your Child’s Future?

Do you wish to save for your child’s education?
Would you like to secure his future regardless of what it holds for you?
 

“Insure Your Child’s Education” Plan from Byblos Bank and ADIR Insurance* is the solution to all your concerns.

University and post graduate studies are your child’s key to a successful future. Because tuition fees get higher each year and a financial support is essential for the beginnings of your child, it is never early to start thinking about saving for his education.

Why the “Insure Your Child’s Education” plan?
• It is a saving plan with a life insurance cover whose sole beneficiary is your child.
• You can start saving from the moment your child is born.
• You have the possibility of investing on international capital markets.
• It has an attractive annual rate of return on your local investment**.
• It has a monthly payment starting USD 25/month (it can be paid quarterly, semi annually or annually). You have the choice to increase or decrease the monthly amount and to boost your savings with exceptional premiums.
• You have the choice to add the Permanent & Total Disability (PTD) coverage.

What Does the Life Insurance Cover?
• In case of natural or accidental death: ADIR Insurance will add to your savings a capital equal to the sum of your remaining premiums.
• In case of accidental death: additional USD 10,000 are immediately paid to your child.
• In case of Permanent & Total Disability (PTD): cash payment of an amount equal to your remaining premiums in addition to your cash value.

Example:
Karim, 30 years old, father of Jad (1 year old) and Yasmina (3 years old), subscribed to the plan with a monthly premium of USD 50 for each child. The university starting age is set at 18, with an investment allocation of 75% on the local market and 25% on the international market.
Depending on the performance of the investment, the children will get, at the university starting age, the following lump sum: