Among banking products and services’ diversification, Bank assurance products take the lead.
We have all heard about Savings Plans in Lebanon, but do we really know what this is about?
Lebanese Banks’ counters work as agents for the Insurance companies, whereby the plan is issued from the Insurance through the Bank. The funds paid periodically by clients are in fact funds that go to the insurance company, and the bank only takes a certain commission.
Savings Plans offerings in Lebanon range into 3 categories: Savings Plans for Retirement, Savings Plans for Education & Housing Saving Plans. Latter category is the newest in the market and still not that much expanded.
Your best first step towards saving for your twilight years of retirement or children’s higher education is few clicks ahead. Compare now for FREE and pick the best deal for you to apply to, right from home, and let Bnooki team do the rest for you!
Interest rates, fees and charges, insurance premiums, etc... are all parameters to be considered when applying for a Savings Plans. Our guides’ section includes articles covering specific topics, in a way to provide you with the necessary information to choose the right Saving Plan for you.
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