SCHOOL FEES INSURANCE

SANAD

SANAD

Because quality education is a priceless gift that you can give your child, securing his/her school fees is the first step towards securing a bright future.

In collaboration with Ibn Khuldoon National School, we are pleased to introduce our unique school fees insurance plan ‘SANAD’; which aims to provide you with the peace of mind that your child’s education will continue as you have always planned in the unfortunate events specified under this product.

FAQ Register Your Interest
Key Benefits
  • Payment of remaining school fees until graduation (subject to the maximum limit as stipulated in your policy)
  • Simple online purchase at the beginning of the academic year 2018-2019 in the month of September
Valuable Insurance Protection
  • Death due to any cause
  • Permanent total disability due to accident or sickness
Eligibility Criteria For Parents
  • You must be under age 65
  • You must be the school fee payer
  • You must be residing in Bahrain
Plan
SANAD Basic Plan
Maximum Sum Assured

25,000 BHD

  • Benefits: Death Any Cause
  • Initial Premium* (Starting From) BHD 37
  • Renewal Requirements: Health Declaration
  • Renewal Premium: May change based on new Health Declaration
SANAD Premier Plan
Maximum Sum Assured

60,000 BHD

  • Benefits: Death Any Cause & Permanent Total Disability
  • Initial Premium* (Starting From) BHD 84
  • Renewal Requirements: Automatic renewal without Health Declaration
  • Renewal Premium: Fixed for full duration
* Rate adjustment may be required based on bnl’s assessment of the applicant’s health status
FAQ

By enrolling under ‘SANAD’, you will guarantee your child the same level of education as you had planned in the unfortunate event of:

  • Death of the paying parent
  • Total permanent disability of the paying parent (due to accident or sickness)

A nominal annual fee per paying parent, per child, subject to a health declaration

  • Additional medical information may be required based on initial assessment
  • Rate adjustment may be required based on the applicant’s health condition
  • Protection is provided in the unfortunate event of death and/or permanent total disability of the paying parent
  • Payment of remaining school fees until graduation, corresponding to the child’s respective grade (subject to the maximum limit as stipulated in your policy)
  • Claim payment is made directly to IKNS
  • Two levels of coverage are provided, as outlined below:
    SANAD SANAD Premier
    Maximum Sum Assured BHD 25,000 BHD 60,000
    Benefits Death Any Cause Death Any Cause & Permanent Total Disability (Accident & Sickness)
    Initial Premium* (Starting From) BHD 37 BHD 84
    Renewal Requirements Health Declaration Automatic renewal without Health Declaration
    Renewal Premium May change based on new Health Declaration Fixed for full duration
    * Rate adjustment may be required based on bnl’s assessment of the applicant’s health status
  • You must be under age 65
  • You must be the school fee payer
  • You must be residing in Bahrain

A fully completed Application Form. The purpose of this Application is for bnl to assess and determine the terms of your acceptance.

‘SANAD’ will be available for purchase at the beginning of the academic year 2018-2019, in the month of September . This is available on our website, and our team will be accessible to facilitate your application and assist you with any queries that you may have.

This product is specifically designed for and in collaboration with IKNS which will be names as an irrivocable beneficiary. Should the family decide to move the child to another school, the sum assured will be transferrable only upon obtaining a letter of consent from IKNS Management.

In case of Expatriat applicants, should the family decide to leave Bahrain following the unfortunate event of the death of the paying parent, bnl will pay to remaining sum to the family upon receiving satisfactory evidence of relocation.

 Get In Touch With Us
Call us on: 17587384
Send us an email
Husain Abdulla

Underwriting Assistant