Jana El Omr - Ready Made Products

Arab Bank offers you in cooperation with Al Nisr Al Arabi Insurance Company the Retirement plan “ Jana Al Omr “ which gives you peace of mind whilst saving for your retirement. The plan offers you three ready made options (starting from JOD 15 or 25 or 40 per month) especially designed to suit your monthly income.
Plan’s Cover:
Plan’s Advantages and Benefits:
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Option to choose the currency of the plan JOD or USD
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Option to choose the frequency of premium payment: monthly, quarterly, half yearly or yearly
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Option to choose passive war or risk coverage
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Minimum guaranteed annual rate of return on investment of 4% on JOD or 2% on USD
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Benefit from additional return on investment according to the dividends rate declared every year by Al Nisr Al Arabi Insurance Company
Illustrative Table:
A monthly payment of JOD 15 with an annual variation rate of 3% and guaranteed amount in the event of death or total permanent disability is JOD 10,000
|
Age of Insured
|
Sum assured (JOD)
|
* Retirement Amount at age 65 ( JOD )
|
|
4% minimum guaranteed annual return on investment on JOD
|
6% annual return on investment on JOD
|
|
25
|
19,152
|
32,419
|
47,959
|
|
30
|
14,880
|
22,793
|
32,111
|
|
35
|
11,280
|
15,020
|
20,339
|
|
40
|
8,280
|
8,592
|
11,369
|
A monthly payment of JOD 25 with an annual variation rate of 3% and the guaranteed amount in the event of death or total permanent disability is JOD 15,000
|
Age of Insured
|
Sum assured (JOD)
|
* Retirement Amount at age 65 ( JOD )
|
|
4% minimum guaranteed annual return on investment on JOD
|
6% annual return on investment on JOD
|
|
25
|
28,068
|
48,033
|
71,424
|
|
30
|
21,972
|
33,956
|
48,024
|
|
35
|
16,812
|
22,556
|
30,610
|
|
40
|
12,540
|
13,110
|
17,344
|
A monthly payment of JOD 40 with an annual variation rate of 3% and the guaranteed amount in the event of death or total permanent disability is JOD 25,000
|
Age of Insured
|
Sum assured (JOD)
|
* Retirement Amount at age 65 ( JOD )
|
|
4% minimum guaranteed annual return on investment on JOD
|
6% annual return on investment on JOD
|
|
25
|
43,260
|
74,871
|
112,286
|
|
30
|
34,140
|
53,139
|
75,779
|
|
35
|
26,400
|
35,379
|
48,462
|
|
40
|
19,860
|
20,457
|
27,334
|
*This amount could be paid as a lump sum or in 10 annuities starting from the retirement age, which increases its total value.
| How to Apply |
- Through our Online Application Form
- Call our Contact Center on 4600900
- Visit any of our branches (visit our Branch Locator page here)
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For more information, please call our Customer Contact Center on 4600900, or call our toll free number 0800 22222 if calling from any city outside Amman (within Jordan). Or visit any of our branches.
*Terms and conditions of insurance policies apply. Prices are exclusive of legal taxes and fees.
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