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Mustakbali
What is Mustakbali?
An advanced program in the world of insurance that combines the advantages of four prominent options:
- Insurance protection
- High investment returns
- High savings for retirement
- Studied prices
Pay for seven years only and enjoy the protection until the age of seventy, or benefit from continued payments after the seven years and enjoy the high investments in addition to the protection.
What is the mechanism of "Mustakbali Program" ?
Program mechanism:
- If you are at the age of 35 and a participant of the program, the annual premium will be JOD 466 for seven years, in case of death the full amount of insurance will be paid to the beneficiary.
- At the end of the seventh year the program ensures that at least the cash value of your contract will be 115 JOD for every 1,000 JOD, and you have the freedom of choice between receiving this amount and terminating the contract or transferring the cash value to investments and protection programs through the best means of investing without any payments, and this guarantee the following benefits :
- With the premium paid for the seven years you will be insured until the age of seventy or until exhausting the cash value, whichever comes earlier.
- Capture the balance of your account at the end of any year during the duration of the insurance program, further we guarantee a minimum interest rate of no less than 4% added yearly to your account.
- Continuing with the payment of the premium: You are entitled to continue to pay premium after the end of the seventh year until the age of sixty nine. In this situation the cash value and the sum insured increases, and you have the option to receive the balance at any year until you reach the age of seventy.
Options for the first seven years:
After paying the premium for two years you can exercise any of the following options:
- Terminating the contract and collecting the cash value.
- Transferring the contract to a paid contract.
- Getting a loan.
Additional benefits:
- Exemption of payment in case of permanent total disability.
- Sum insured to be paid in case of permanent total disability.
- Personal accident coverage.
To apply
- Please visit any of our branches in Jordan, and one of our Customer Service Representatives will be glad to assist you in filling an application form. Please click on tell me more
to locate the branch nearest to you.
- For more information, please call our "Ahli Ahlan" Call Center (toll free line 080022777 or
+ 9626-500-7777) and our Customer Service Representatives will be happy to assist you between 8:00 AM and 11:00 PM throughout the week days OR by calling the Bancassurance department at 06-4641377. We look forward to your call, and to serving you in the best way possible.
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