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Education Plan: “Bara3em el Ghad”
Every Child Deserves the Best Possible Start in Life.
Nowadays higher education has become a necessity to insure a bright future to our children. However, the cost of education is considerably increasing and might constitute a financial burden if we don't plan for it.

This is why LSB Allianz SNA combined their expertise to present the Education Plan: the adequate solution that provides you saving and protection for your children's education.
Covers
  The agreed upon university tuitions are paid once the child reaches the pre-defined university age in case of natural or accidental death (or optional) total permanent disability.
  (Optional) The pre-decided schooling tuitions are paid in case of natural or accidental death or total permanent disability.
Advantages of the Plan
  The possibility to save the required university tuitions through monthly contributions automatically debited from the insured person’s bank account with no additional charges.
  The option to protect the insured amount and the investment amounts from inflation through an increasing annual variation rate of 1% to 10%.
  A minimum guaranteed rate on investment of 4% annually.
  The possibility to profit from additional return on investment according to the dividends rate declared yearly by Allianz-SNA.
Enrollment Conditions
  The insured should open an account at LSB.
  Age between 18-55 years.
  Minimum monthly premium: USD 25.
Illustrative Table
Figures are based on a monthly premium of 50 USD with an annual variation rate of 3%.

Age of
Insured

Age
of Child

Total Paid Premiums (USD)

University Tuition when Child reaches 18 **(USD)

4% minimum guaranteed annual return on investment *

7% annual return on investment

28

1

13,152

16,896

22,745

30

2

12,180

15,355

20,331

33

3

11,244

13,871

18,093

37

4

10,332

12,400

15,922

41

6

8,580

9,814

12,219

44

8

6,924

7,563

9,124


* In case of any Increase or decrease of the minimum guaranteed rate, It shall only affect allocations generated from future premiums paid after the date of such change. Therefore the above investment amounts might change accordingly.
** The University Tuition can be either paid as a lump sum or spread over annuities starting from the age of 18 which increases its total value.
For more information or to ask for a personalized offer, please visit any of our branches and we will be glad to provide you with the necessary information.