Can I invest in Euro?

For now, the available currencies are

• EGP.
• USD.

• Protection Products.
• Protection and Saving Products.

For now, we have the SafeVest fund and Dollar Income fund, which have a steady growth rate, and soon we’ll have some equities funds.

• You can ask for a tax letter; it is used to deduct a certain amount from the social taxes.
• As well as the embassy letter used as an extra document when submitting for a travel visa.
• You have the option to choose the beneficiaries.

After two years and 24 paid months, you can withdraw up to 75% of the unit account value with no charges up to 4 times in the first ten years afterwards the withdrawal times are unlimited.

Payment methods available in Egyptian pounds

• Bank Transfer: From the policyholder’s account (it must) to the company’s account via Instapay.

• Cash Deposit: Directly to the company’s account.

• Debit/Credit Card: By signing a Credit Card Authorization Form, which allowing regular deductions. (Not available for Meeza Prepaid Card)

• Payment Link: A payment link can be generated upon the client’s request to pay due premiums.

• Fawry Platform: Through Fawry POS, Application, or ATM - any platform using Fawry platform.

• ACH Method: the client can sign mandate form to allow the company to deduct from his current/saving account at the bank.

Payment methods available in USD

• Payment by bank cheques.
• Payment by bank transfer to the company's account.

• Monthly for the credit card and direct debit payments only.
• Quarterly.
• Semi-annually.
• Annually.

• Through a valid alteration request as per company guidelines, signed by the Policyholder and sent to the head office to be approved.
• No charges applicable.
• All alteration documents are on our website.

The only option is to surrender the policy as per the policy terms and conditions.

gig Egypt Life Takaful is a life insurance company; all products must have a protection benefit.

• The first option is to increase the regular contribution without increasing the insurance benefits.
• The second option is through the facility of the additional single contribution, which is a paid amount that goes directly to the investment.

For now we don’t have this option, but an insurance policy can be used as a required document from the bank to credit a loan.

Withdrawing a certain amount will affect the final projection of the policy with the amount withdrawn and its accumulated investments, which will eventually affect the aim of the policy.

• In the case of savings policies, the unit account value will be paid.
• Protection policies are not refundable.

Guardian and i-Study are saving and protection plans designed to ensure the necessary financial resources to cover the children’s education in case an unfortunate event happens to the breadwinner of the family.

Once the company is notified of the claim, it will go through the process. The claim usually takes 14 working days to be paid from the receiving of the entire required document.

Egyptian Life Takaful Company is a life insurance company; all products must have a protection benefit.

• The first option is to increase the regular contribution without increasing the insurance benefits.
• The second option is through the facility of the additional single contribution, which is a paid amount that goes directly to the investment.

For now we don’t have this option, but an insurance policy can be used as a required document from the bank to credit a loan.

Withdrawing a certain amount will affect the final projection of the policy with the amount withdrawn and its accumulated investments, which will eventually affect the aim of the policy.

• In the case of savings policies, the unit account value will be paid.
• Protection policies are not refundable.

Guardian and i-Study are saving and protection plans designed to ensure the necessary financial resources to cover the children’s education in case an unfortunate event happens to the breadwinner of the family.

Once the company is notified of the claim, it will go through the process. The claim usually takes 5 working days to be paid from the receiving of the entire required document.