InvestPlus - A monthly savings plan for your children's education.

Good education for your children is the foundation of a successful future for them. Fulfill your children’s hopes and dreams early to make it easier to accumulate enough wealth when the time has come. Start with as low as USD 300 a month with InvestPlus and secure your loved ones future.

The first step in securing your children's future.
Your children's finest hopes and dreams are built on the foundations that you lay for them. A strong foundation begins with a plan.

InvestPlus is a versatile long-term savings plan designed to accumulate and consolidate wealth for the higher education of your children.

The plan combines the best of fund investing with the added advantage of insurance protection. What's more, you can open plans for amount as low as USD 300 per month.

Convenience
Flexible long term savings plan with insurance
- Low minimum contributions of USD 300 per month or USD 3,000 per annum.

Choice
A range of investment options is available to suit your specific investment objective from a range of funds. Fund choices include Automatic investment funds, Guaranteed funds, Blue chip funds and a comprehensive range of mirror Funds.

Protection
You have the option to choose any of the following insurance riders

• Option to enroll for life insurance to cover untimely loss. Also various benefits which can be enrolled are hospitalization benefit, critical illness, spouse income benefit etc
• Waiver of premium option takes cares of rest of your premiums in case you are disabled for 180 days or more. In such a case your regular contributions are paid for.
• Critical illness cover pays for treatment for major diseases such as those related to heart, lungs, kidneys etc
• Hospitalization benefit covers loss of income due to hospitalization for more than 3 days
• Permanent total disability benefit pays a lump sum amount in case of permanent disability
• Dismemberment benefit pays a lump sum amount in case of dismemberment due to accident.
• Spouse income benefit pays a fixed pension to the spouse of life insured for her/his life.

Flexibility

• Ability to switch between funds
• Ability to alter premium amounts during course of the plan
• Choice of payment options
• Available as single or joint owner policies

Bonus
Bonuses for higher regular premium levels- based on total regular cumulative premium. Available in Bronze, silver and gold bonuses starting from USD 750 premium.

Charges

The Initial Contribution Period for new regular premium policies is a fixed period of 18 months from the start of the policy and any withdrawal during this period will have no policy encashment value. The expense recoupment charge is applied to regular premiums paid within the ICP. This is applied to the value of the units attributed to your policy during the ICP and is 4%per year, deducted on a monthly basis, taken throughout the life of your policy.
A Policy management charge will be applied to the value of the policy on a monthly basis at a rate of 0.5% per year. These charges are detailed in the terms and conditions of the plan which you must read carefully before signing up for the plan.

Exclusions:

The plan will have certain exclusions which will be applicable for the various insurance options chosen. To know more about the options & its exclusions please go through the Investplus terms and conditions.

Free Look Period

As a valuable customer of Citibank you are entitled to a period known as a free look period. Simply put, this means you can change your mind within 30 days of the policy issue date, and are entitled to cancel this plan by writing to any of the Zurich International Life Limited offices mentioned below and obtain a full refund of premiums paid. Cancellation after 30 days is subject to the Initial Contribution Period (ICP) of 18 months, during which, your plan would have no encashment value. (Please refer to plans terms and conditions)

Claims Process

Should a claim arise, written notice should be forwarded to any of the Zurich International Life Limited offices within 28 days of the claim event. Citibank is not responsible for notifying or settling claims. A list of Zurich International Life Limited offices can be obtained from Citibank.

We at Citibank pride ourselves on offering all our customers a comprehensive and professional service. Please therefore contact us whenever you require any further clarification regarding this Plan, or any other current or future wealth management requirement. Please contact your Relationship manager. You can also call our 24-Hour CitiPhone Banking Service on 1758 2484(CITI) or visit any of our Branches in Bahrain.

Important Information:

InvestPlus is underwritten and issued by Zurich Life International. InvestPlus is subject to Zurich Life International terms and conditions. Citibank N.A will not be responsible if any application/claim is rejected. Citibank N.A does not offer insurance advice or underwrite or issue insurance policies. Citibank N.A provides customer support to the customer receives payments from the customer and forwards them to Zurich Life International. Premiums paid by the customer for this insurance plan are not a bank deposit or other obligation of, or guaranteed by Citibank N.A, Citigroup or any of their affiliates and are subject to risks and possible loss of the principal amount invested. Investment products are not insured by government or governmental agencies in any ways unless stated otherwise.

Please remember that past performance is not a guarantee of future performance and illustrations of past performance should not be considered as indication or guarantee of future performance. The value of any investments or fund can fluctuate and the income from them can fall as well as rise as a result of market or currency fluctuations and you may not get back the amount originally invested. Further the value of your plan can further reduce by future taxes or levies applicable to Zurich International Life or your plan. The plan will be administered in accordance with the terms & conditions and the plan schedule, which together with the plan application and other written submissions provided forms the binding contractual terms.

You should obtain a copy of Terms & conditions of the plan & read it carefully to it's entirety before you sign up for the plan.