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Schooling Life Insurance 
Safe-School 

BOB Schooling Insurance: Ensure a Continuing Education

Education is one of the most essential assets that people can give to their children to build a successful future. It is thus important to ensure continuity of this education even if personal circumstances change. Bank of Beirut heeded this fact and created, in collaboration with Allianz SNA s.a.l., the SAFE School – Schooling Insurance. This insurance scheme protects children’s schooling education and thus allows them to work towards a promising career.

SAFE School – Schooling Insurance is a scheme that stands out with many distinguishing features:
In case of natural or accidental death
  • An annual amount between USD 1,000 and USD 5,000 (at your choice) is paid to the specified beneficiaries from the date of death of the insured person until the expiry date of the contract
  • An amount equal to 3 times the above annual amount is paid in the last year of the contract’s period
SAFE School - Schooling Insurance is open to all Bank of Beirut customers as long as they are aged between 20 and 54 years.
Once you opt for SAFE School – Schooling Insurance, you will reap the following advantages:
  • Flexible contract period: 4, 6, 8, 10, 12, 14, or 16 years according to the child’s age
  • Possibility of choosing the premium payment period: Full period or Half period
  • Flexible monthly premiums, starting from 1 USD, automatically deducted from your Bank account
  • Easy and prompt administrative procedures
  • Immediate policy issuance and automatic monthly renewal
At a time when education is key, ensuring the continuity of your children’s schooling is a necessity. Bank of Beirut has devised SAFE School – Schooling Insurance to make sure this necessity becomes a reality. With its bouquet of features and advantages, SAFE School – Schooling Insurance is the scheme that will allow your children to be armed with the proper education to be able to proceed to the career of their choice.
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