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Retirement Plan: “Hassad el Omor”
The Rewards You Deserve
Although most of people would consider a financially stable future at retirement as a priority, many don't realize the cost of this stability, nor prepare for it seriously.

This is why LSB & Allianz SNA combined their expertise to present the Retirement Plan: The adequate solution that provides you saving for your retirement and protection for your family.
Covers
  The sum insured is paid in case of natural or accidental death.
  The sum insured is paid in case of natural or accidental total permanent disability (Optional).
Advantages of the Plan
  The possibility to save the required retirement amount 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 of return 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 USD 50 with an annual variation rate of 3%..

Age of
Insured

Total Paid Premiums (USD)

Sum Insured (USD)

Retirement Amount at age 65 **(USD)

4% minimum
guaranteed annual
return on investment*
7% annual return
on investment

25

45,432

30,000

82,008

156,733

30

36,444

25,000

60,133

105,367

35

28,692

20,000

43,022

69,163

40

22,088

15,000

29,843

44,021

45

16,236

10,000

20,032

27,128

50

11,244

5,000

12,884

16,056


* 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. * 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 Retirement Amount can be either paid as a lump sum or spread over 10 annuities starting from the age of 65 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.