1.2.4 Plan

High protection up to 4 times the sum assured

Save your money with high returns

  • Save part of your money and get protection up to 4 times of the agreed sum assured and high returns in your investment.
  • Right to borrow from your saving account.
Policy 1 2 4

In your life at the maturity date MEICO will pay you the following:-

  • The agreed sum assured.
  • The guaranteed bonus as from the 1st year of the policy until the maturity date.
  • The additional bonus as from the 2nd year of the policy until the maturity date.

In case of natural death of the life assured during the period of the policy - heavens forbid - MEICO will be with your children during the following benefit:-

  • Paying directly double of the agreed sum assured together with the guaranteed and normal bonus accumulated until the date of death.

In case of accidental death of the life assured during the period of the policy MEICO will pay 4 multiples of the agreed sum assured together with the guaranteed and additional bonus accumulated until the date of death.

Additional covers with this policy:-

  • Payment of the agreed sum assured in case of Permanent total disability of the assured during the policy period.
  • Waiving of premiums up to the end of the period of the policy in case of Permanent total disability of the insured during the policy period.