Educational Plan

This plan will help you to begin saving for your children’s school, university or even to start there own business after graduation along with life insurance protection for both you and your children.

 

You can choose the duration of this plan based on your children age today and the amount needed to complete there studying, and there is a wide range to choose from starting from 5 up to 25 years.

 

At the date of maturity of this plan JOFICO will pay for your children the amount you have been saving during the duration of this plan plus a yearly interest rate between 4.50% and 8.50% based on JOFICO’s yearly profit.

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Along with all the above mentioned this plan protect you and your children in case of death “God forbid”.during this plan validity:

In case of the applicant’s death “God forbid”, JOFICO will continue to pay the agreed saving amounts and this plan will stay valid for your children until the agreed maturity date of this plan, and JOFICO will also pay your children a monthly income “1% of the sum insured” until the agreed maturity date of this plan that’s when JOFICO will pay your children the amount you have been saving during the duration of this plan plus a yearly interest rate between 4.50 % and 8.50 % based on JOFICO’s yearly profit.

In case of the insured death “God forbid”, JOFICO will pay the agreed sum insured plus a yearly interest rate between 4.50 % and 8.50 % based on JOFICO’s yearly profit.