Start Your Plan To Save And Protect Your Family
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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.
- Ease of investing in investment funds to achieve long-term growth, starting from 300 riyals per month.
- 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).
Insurance Features
Applicant age 18 to 59
Sharia compliant
Flexible enrollment
Adaptable savings strategy
Personal path:
- Saving amount: starts from 300 riyals per month
- Duration: starting from 10 years
- Investment fund type: conservative, balanced, growth
- Insurance coverage amount: starts from 50 thousand riyals
- At the end of the period, you will receive the investment amount, and in the event of death, God forbid, the beneficiaries will receive the full protection amount.
Children's path:
- Saving amount: starts from 300 riyals per month
- Duration: starting from 10 years
- Investment fund type: conservative, balanced, growth
- 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 SAR |
Protection Amount in SAR |
*10 Years | *15 Years | *20 Years |
300 SAR | 50,000 SAR | 41,498 SAR | 71,974 SAR | 110,837 SAR |
500 SAR | 90,000 SAR | 69,024 SAR | 119,632 SAR | 184,291 SAR |
1,000 SAR | 125,000 SAR | 139,191 SAR | 241,556 SAR | 371,572 SAR |
3,000 SAR
|
4000,000 SAR
|
413,317 SAR
|
720,317 SAR
|
1,106,416 SAR
|
You can apply easily through
alrajhi bank app
You can also apply through the following channels
Apply Now
You can apply through alrajhi bank Online
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Via Branches
There is always a branch nearby
Frequently Asked Questions:
The benefits are two-fold.1. Protection for family 2. Savings.- Normal savings account will only offer the actual earnings while our plan offers you savings or protection amount (whichever is greater) in case of any unfortunate event -for personal- Normal savings account will only offer the actual earnings while our plan will keep contributing to your savings fund till end of maturity even after your death or any unfortunate event (God Forbid)- for family