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I&I - Invest & Insure
I&I - Invest & Insure ​Invest and Insure, it's possible!  

What is it?
I&I, Invest & Insure, is an investment and life insurance product

Issuer of the Life Insurance Policy
Bancassurance SAL*

Payment
  • In US$
  • Minimum US$ 5,000 and multiples of US$ 1,000 thereafter
  • Maximum US$ 60,000
  • Single payment upfront

Term of the Product
  • 5 Years

Life Insurance
  • The life insurance plan covers 200% of the capital subscribed
  • Subscriber can designate one or several beneficiaries
  • Natural and accidental death as well as total permanent disability​
Capital Guaranteed
100% at maturity

Return on Savings
​A 25% gross interest on the amount subscribed (this product is entitled to 10% tax on the return at maturity)

Eligibility
  • Age of Subscriber :between 18 and 64 year-old
  • Non-US Person

Exit
  • Not allowed in the first year
  • Monthly redemption afterwards, at the Net Asset Value​
  • No partial exit is allowed. Only total exit permitted

Closing Date
  • Subscriptions are available till July 04, 2015
  • Issuing date of the policy: July 28, 2015

*Bancassurance sal, associate of Fransabank Group, is the first established specialized banking insurance company in Lebanon.
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