Saving and Protection Programs

Start Your Plan To Save And Protect Your Family

Saving and Protection Programs

There are several diverse reasons to start a Saving and Protection Plan, which may include:

  • Investing your savings in a way that is compatible with Islamic Sharia principles to achieve your desired goals in the long term.
  • High flexibility product, allowing for any terms of the contract to be adjusted during its validity period, such as the subscription amount (increased or decreased), the coverage amount, beneficiaries, the duration of the contract, and investment funds.
  • In the event of death or total disability, God forbid, Al Rajhi Takaful Company will pay the agreed protection amount or the investment amount (whichever is higher).
  • Additional coverages can be selected for other protective benefits (permanent total disability, terminal illness, critical illnesses or death due to an accident, or death and disability due to an accident).

Personal path:

  • Saving amount: starts from 300 SAR per month
  • Duration: starting from 10 years
  • Investment fund type: conservative, balanced, growth, alrajhi Private Conservative Fund
  • Insurance coverage amount: starts from 50 thousand SAR
  • At the end of the period, you will get the investment amount, and in the event of death, God forbid, the payment of contributions will be completed through the Takaful Fund until the specified period, and after the completion of the period, the investment amount will be paid, and this is considered protection in the children’s program

Children's path:

  • Saving amount: starts from 300 SAR per month
  • Duration: starting from 10 years
  • Investment fund type: conservative, balanced, growth, alrajhi Private Conservative Fund
  • At the end of the period, you will get the investment amount, and in the event of death, God forbid, the payment of contributions will be completed through the Takaful Fund until the specified period, and after the completion of the period, the investment amount will be paid, and this is considered protection in the children’s program

Program advantages:

  • Flexibility to change all terms of the contract at any time
  • Changing the subscription value, whether by increase or decrease
  • Change the protection amount, whether increase or decrease
  • Changing the type of investment
  • Change beneficiaries
  • Partial withdrawal from the investment account of the personal program after 3 years
  • The ability to add an additional amount to the investment account and withdraw it at any time

Examples of Packages:

*Investment amount

Monthly Contribution in SARProtection Amount in SAR*10 Years*15 Years*20 Years
300 SAR50,000 SAR41,498 SAR71,974 SAR110,837 SAR
500 SAR90,000 SAR69,024 SAR119,632 SAR184,291 SAR
1,000 SAR125,000 SAR139,191 SAR241,556 SAR371,572 SAR
3,000 SAR4000,000 SAR413,317 SAR720,317 SAR1,106,416 SAR

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