Allianz SNA bldg. Hazmieh
Tel: +961 5 422 000
Fax: +961 5 956 624
P.O. Box 16-6528 Beirut - Lebanon
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ALLIANZ GLOBAL ASSISTANCE
Tel: +971 4 270 8714
It's an inescapable fact: Education costs, especially beyond high-school, have become prohibitive. When the time comes for your child to leave home and go to university, you want to make sure their dreams have a solid foundation. The time to prepare is now, with Allianz SNA's Universitas plan.
Universitas provides the perfect combination of security and savings towards a solid preparation of a child's education.
The Program provides a waver of premium cover to ensure a pre-set targeted amount for your child's university years, in case of premature Death/Disability of the insured person.
Schooling Allowance: A pre-set schooling amount payable by the insurance company in case of premature Death/Disability of the insured.
Accidental Cover: A lump-sum payment equal to the ﬁrst year's university tuition in case of accidental death of the insured.
Savings & Retirement Beneﬁts
Kareem & Zeina, a married couple with a new-born child Wassim, have just decided to start preparing for his education.
For just 107$ monthly allocation, they invested in a Universitas program comprising the following beneﬁts:
Total Return at minimum
* In case of any increase or decrease in the minimum rate by Allianz SNA, it shall only affect allocations generated from future premiums paid after the date of such change.
Therefore the above investment amounts might change accordingly.
Can I protect my plan against inﬂation?
Contributions & covers can be indexed from 0 to 7% according to your requirements.
What are the basic insurance covers?
In case of Death or Permanent Total Disability of the insured, the company will guarantee the pre-set schooling and university amounts to insure the continuation of the child's education.
How are annual dividends declared?
Dividends are declared yearly by an independent actuary. They are published in the major newspapers in the 2nd quarter of each calendar year.
What if my child does not continue his higher education?
Universitas payments can also be used for other purposes such as career development or even marriage expenses.
How would my child collect his/her University Tuition fees at the age of 18?
Your child may collect his/her University Tuition fees either as a lump sum, or spread over the number of
his/her academic years.