Kinz

Kinz Plan

It is a flexible plan that offers you a blend of insurance protection, smart investment, and a long-term retirement plan according to your current and future needs. It includes both investment and protection.

Investment:

Kinz plan provides a variety of international and local investment funds to meet your current needs, with the possibility to switch or redirect between the available funds to accommodate future changing needs.

Protection:

Kinz plan offers a variety of basic and additional insurance coverages:

• Death any cause coverage (illness or accident) – basic coverage.
• Total permanent disability coverage due to accident or illness – additional coverage.
• Waiver of premium coverage in the event of insured's death – additional coverage.
• Waiver of premium coverage in the event of insured’s total permanent disability – additional coverage.

Program Specifications:

• Policy duration: 6 – 30 years.
• Entry age: 18 – 64 years.
• Premium payment methods: monthly, quarterly, semi-annually, and annually.

Why choose Kinz Plan?

• A customizable plan that suits your current needs with the ability to modify it later.
• Ability to add inflation rate on annual premium / sum insured amount.
• Possibility of partial withdrawal from the investment account.
• Ability to switch and/or redirect between our available investment funds.
• Ability to adjust the annual premium, insurance amount, chosen insurance coverages, and inflation rate.
• Policy account value at maturity can be paid in either lump sum or monthly installments up to 240 months.
• Ability to continue the investment and retirement plan in favor of the beneficiary/beneficiaries by having GIG company pay the premiums on behalf of the client in case of the insured's death or total permanent disability (if the optional coverage is selected).
• Different solutions are available in case of inability to pay due premiums.
• Multiple premium payment mode options are available.

Available Investment Funds