Coverage

The Jana Retirement Program is designed to give you the peace of mind that will help you realize your vision through a smooth and flexible retirement plan. By paying a monthly premium you receive multiple benefits through a saving-plan that guarantees full protection and monetary support. This will allow you to cushion any critical damages that may be caused in the event of such tragedies as untimely death or PTD (Permanent Total Disability).

Conditions

The Jana retirement Program is reserved for BBAC account holders: the premium is automatically deducted from the client’s account to save the time and hassle. To give the client more control over their future plans, he/she has the full liberty to choose the retirement age, as well as the premium amount (provided it is greater or equal to USD 25/Month). At the retirement age, the insured person is re-compensated with the net amount (total premium paid – protection premium amount and fees) he/she has deposited over the years, in addition to a guaranteed dividend that amounts to at least 4.50 % of SNA’s annual profit (a higher rate could apply depending on SNA’s yearly declaration of dividends). It is important to note that in situations of untimely death or PTD, the family of the insured is given full support, and paid the protection value or the cash value depending on which is higher. Applicants exceeding the age of 55 cannot be accepted, and the period of the contract should last for at least 10 years to maintain efficiency. The policy is renewed automatically to make things easier.

*   A variation rate could be applied to the sum insured and the cash value to protect it from inflation.  

For further information please contact us