www.bahrainthismonth.com January 2014 101 In Search of Security Everyone will agree that it’s much easier to put money aside in this part of the world than it ever will be back in our native lands. As we work hard to fulfil some long-term objectives, be it the education of our children, a marriage, or a retirement corpus, it’s wise to remember that we also need to insulate ourselves from the unexpected. This month, we highlight some of the best insurance and promotional saving schemes available from established and local institutions in Bahrain. However, before you invest, you need to ascertain and analyse your needs. A realistic assessment of your risk appetite as well as your knowledge and experience in investment products will help define your approach to investing. If you are new to this sphere, it’s advisable that you seek the help of a qualified investment planner. Building wealth Whatever your investment goal is, such as the purchase of house, a dream car, a daughter’s wedding or a holiday, there is a wealth accumulation plan for you. MetLife Alico Super Saver is a versatile wealth accumulation plan that provides a wide choice of investment options across different asset classes. BBK’s Wealth Secura is a single pay savings and insurance plan with a focus on saving for the future and on maximising returns. You could also opt for Family Secura, a savings plan which offers higher protection limits to customers and their families. Children’s education plans Citibank relationship professionals can create for you a personalised and secure education plan that will safeguard your child’s future while giving you peace of mind. Bnl’s future education plan ensures a disciplined and regular saving habit, which will act as a buffer. So even if you are put out of action due to disability or early demise, the saving strategy will still be achievable. The plan provides coverage on a joint life or single life basis, including guaranteed investment returns designed to finance the high cost of education fees for the future needs of your children. reportinsurance&savings All our working lives we strive to build a solid financial foundation that can be counted on in old age. It’s only when the unexpected happens that we discover how well prepared we were. Also this month 104 x Citibank - 105 x Mednet
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