BokraInsuranceProgram

Bokra Program

Smart financial planning begins with defining the financial goals to be achieved!

Bokra insurance program aims at helping you strategically plan to cover various stages of life like; children’s education, marriage, or retirement, through choosing from a wide range of investment strategies that meets your financial goals (conservative, balanced, aggressive or Islamic strategy), with the possibility of switching between different investment strategies up to 4 times per year.

Bokra Retirement/Marriage Benefits:

  1. Wealth Creation

    Regular contributions help you benefit from the growth of your invested capital.

  2. Maximum Flexibility & Wealth Protection

    Bokra program gives you the opportunity to invest in different investment accounts that meets your capabilities through various funds that are skillfully managed by professional specialists.

  3. Life Insurance

    You can add a life Insurance coverage (with minimum EGP 60,000) with a suitable cost of insurance deducted directly from your account value, where in case of death (God forbids) the beneficiary will receive either the face amount or the policy account value (whichever is higher)

  4. Premium Wavier

    MetLife Life Insurance Company exempts the insurer from paying the insurance premiums due for the basic policy in the event of a total permanent disability.

  5. Critical Illness – 31 diseases

    Upon diagnosis of any of the 31 covered critical illnesses, Example: heart disease, Lung Disease, Kidney Failure, Hepatitis, ... etc., MetLife will promptly pay a lump sum to help you afford medical expenses required inside & outside Egypt.

  6. Accident Insurance

    If the death occurred as a result of an accident, the beneficiaries will receive an additional 50% of the account value, subject to not exceeding the equivalent of $200,000. MetLife will also pay a lump sum of money in the event of the insurer death or permanent partial or total disability as a result of an accident (God forbids).

Bokra Child Education Benefits:

  1. Wealth Creation

    Regular contributions help you benefit from the growth of your invested capital.

  2. Maximum Flexibility & Wealth Protection

    Bokra program gives you the opportunity to invest in different investment accounts that meets your capabilities through various funds that are skillfully managed by professional specialists.

  3. Premium Wavier

    MetLife Life Insurance Company exempts the insurer from paying the insurance premiums due for the basic policy in the event of death (God forbids) or total permanent disability.

  4. Accident Insurance

    If the death occurred as a result of an accident, the beneficiaries will receive an additional 50% of the account value, subject to not exceeding the equivalent of $200,000. MetLife will also pay a lump sum of money in the event of the insurer death or permanent partial or total disability as a result of an accident (God forbids)..

  5. Child Care

    MetLife will pay the expenses of your children's education with the amount mentioned in the insurance application. The policy installments will be paid in case of death or disability (God forbids) as a result of an accident

  6. In case of an accident or injury to the children, the necessary and appropriate treatment expenses will be refunded
  7. If your children are admitted to the hospital, MetLife covers the total amount for the hospital stay
  8. MetLife provides second medical opinion from one of the largest hospitals in the world
  9. MetLife provides you with a medical discount card for your children

Bokra Strategy:

Your Investment, Your Choice! With Bokra program, you have the ability to select the strategy that best meets your needs, which is carefully managed by a team of MetLife experts to reach a number of investment choices that stems from the three basic investment strategies

  1. The Conservative Strategy

    Seeks to provide you with capital growth mainly through investment in Equity Funds. This strategy may provide higher returns associated with greater investment risk when compared to other strategies.

  2. The Balanced Strategy

    Seeks capital growth through a combination of different types of investments. A large proportion of the funds is invested in Government backed securities. The spread and variety of investments aim to give you the potential returns associated with a medium investment risk over the long-term

Bokra Additional Benefits

With Bokra program, you can execute up to 4 free transfers per year and move your savings quickly and easily between funds and strategies
(Subject to terms and conditions)

The cost associated with managing the company's investment portfolio is deducted before determining the unit price, and this cost may change from time to time based on several factors including but not limited to, the cost of investment management.

This program is provided by MetLife Life Insurance Company, an Egyptian joint stock company, subject to the provisions of Law No. 10 of 1981 and its amendments and holds license No. (10) from the Financial Supervisory Authority.

Al Ahli Bank of Kuwait-Egypt is only a marketing channel for insurance products, accordingly the Bank is not liable for any terms and conditions of the insurance products marketed through our Bank official distribution channels. The Bank is not liable for the payment of any claims related to any insurance products and MetLife insurance has full responsibility in this regard.

*Terms & conditions apply

Contact Info

For more information, please visit ABK-Egypt nearest branch or contact ABK-Egypt call center available 24/7 at 19322