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Guaranteed Savings Plans

Our guaranteed savings plans, are plans designed to provide you with guaranteed benefits that allow you to face the future, not only with confidence, but with your dreams in mind.

As some of the best things in life are not always free and some can cost quite a bit – be it your daughter’s wedding, general savings, your dream home or your own retirement. Whatever your aspirations for the future are, our capital guaranteed savings plans can help you achieve them.

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  • Education Savings Plan

    Investing in our children’s future is the cornerstone in preparing them to become successful and prominent members in their society or community. Education planning is one such activity to equip our children with main success pillar

    An education savings plan is designed to help you plan for the cost of higher education by guaranteeing the growth of your contributions over the years. All you need to do is tell us how much you want to target for your child’s education and we will provide you with the plan that will best facilitate your goals. The required amounts from your plan will then be paid out over a 3, 4 or 5 year period based on your education fees requirements.

    Contributions can be made regularly on a monthly, quarterly, semiannual or annual basis as well as in the form of single payment. It is imperative to note that the earlier you start saving toward your future goal the lesser the contribution amount that you are required to make.

    Example

    Scenario 1: You are 35 years old and have a new-born child. You are hoping to send your child to university at 17 years old and want to ensure a sum of $25,000 per annum over five years to cover education fees. In this case a Capital Guaranteed Savings plan could well be a good solution.

    COLLEGE ENTRY AGE - 17 Years
    Contribution PeriodPlan TenorDesired college Entry AgeRequired ContributionGuaranteed College fee per annum (paid out for 5 years)*
    Annual regular premium1717$6,414$25,000


    Scenario 2: You are looking to get some returns as in Example 1 above, but you didn’t start planning for your child’s education until he was seven years old, therefore, a higher contribution will be needed to meet the same objective as in Example 1 above. We’ll assume once again that are 35 years old at the time you take out the plan.

    COLLEGE ENTRY AGE - 17 Years
    Contribution PeriodPlan TenorDesired college Entry AgeRequired ContributionGuaranteed College fee per annum (paid out for 5 years)*
    Annual regular premium1017$11,506$25,000

    *The indicative average net investment composite yield generated by the strategy above was taken at an assumed growth rate of 4.00% p.a.

  • Retirement Savings Plan

    Retirement should be the most enjoyable period of your life – the time to discover new hobbies, to travel the world or even start your own business.

    However, the ability to afford the lifestyle of your choice after retirement requires careful planning and savings.

    A Retirement Plan is the ideal tool to provide you with guaranteed benefits to help you retire on time while making sure your dreams of a happy retirement become a reality.

    All you need to do is tell us more about your goals and we will provide you with the plan that fits your needs. It is imperative to note that the earlier you start saving toward your future goal the lesser the contribution amount that you are required to make.

    Example

    Scenario 1: If you are 30 when you take out the plan and select a retirement age of 55, you would need to make contributions for 25 years. Let’s assume that you are targeting a guaranteed pension of $25,000 per annum, payable for life.

    DESIRED RETIREMENT AGE - 55 Years
    Desired Retirement AgePlan TenorRequired Annual ContributionGuaranteed Retirement Income (payable for life)*
    5525$7,537$25,000

    Scenario 2: Now, let’s take a different scenario. You are 45 and defer retirement until you’re 60, with 15 years to make contributions, targeting the same $25,000 per annum, payable for life.

    DESIRED RETIREMENT AGE - 60 Years
    Desired Retirement AgePlan TenorRequired Annual ContributionGuaranteed Retirement Income (payable for life)*
    6015$15,356$25,000

    * The indicative average net investment composite yield generated by the strategy above was taken at an assumed growth rate of 4.00% p.a.

3 Simple Ways To Apply

Call Us - 800 2030 or SMS INS to 2626

Insurance Products are made available to clients based on their need analysis and request. Insurance products are underwritten by respective insurance providers and issued subject to their terms and conditions. Abu Dhabi Commercial Bank (ADCB) does not offer insurance advice, nor does it manage, underwrite or issue insurance policies. ADCB is not responsible for rejected applications or claims by any insurance company. Premiums received by ADCB for insurance plans are not bank deposits. Investment products are not bank deposits and are not guaranteed by ADCB. They are subject to investment risks, including possible loss of principal amount invested. Past performance does not guarantee future results. Please refer to ADCB Terms & Conditions for Investment Services. This web-page is for information purposes only and does not constitute an offer or solicitation to purchase investment products.

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