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ArabBank
Jordan

Nowadays higher education has become a necessity to insure a bright future. Therefore, parents seek to provide their children with the best education for better chances in life. 
Did you think of ways to protect your children’s education with the continuous increase of university tuitions?

Arab Bank in cooperation with Al Nisr Al Arabi Insurance Company offers you, an Education plan which provides savings for your children education whereby you deposit regular monthly payments, depending on your monthly income, into their Lama Yekbarou Plan. These monthly payments accumulate over the years added to them the Profits declared annually to formulate a bulk amount of money which can assist you in financing their University Education. The Plan also guarantees the continuity of their schooling and university tuition payments.  

Coverage of this Program:

Advantages & Benefits of this Program:

Illustrative Table:

Figures are based on a monthly premium of JOD 50 with an annual variation rate of 3%.

Age of Insured

Age of Child

*Total Paid Premiums (JOD)

**University Tuition when child reaches 18

3.5% minimum guaranteed annual return on investment on JOD

5.5% annual return on investment on JOD

28

1

13,800

15,674

18,418

30

2

12,732

14,197

16,517

33

3

11,700

12,780

14,726

37

4

10,704

11,408

13,018

41

5

9,744

10,106

11,414

44

6

8,820

8,908

9,960

 * In case of death or disability, Al-Nisr Al-Arabi Insurance Co. guarantees the continuity of the premium payment until the child reaches the pre-defined university age. 
** Paid as lump sum or annuities from the age of 18, which increases its total value.

Conditions of this Program:

How to Apply

For more information, please call our Customer Care Center on 4600900 or 0791600900.