Amend Investment Strategy
The policy holder may change investment to any of the provided Investment funds.
AlAhli Takaful Company adds an incentive of 2% to the monthly subscription starting from the eleventh year of the policy.
Clients may partially redeem the cash value of the invested portion, a minimum of 1,000 Saudi Riyals. Additionally the remaining invested amount in the fund must exceed 1,000 Saudi Riyals.
In the event of unforeseen circumstances, the policy holder may suspend payment of monthly transactions for a maximum of 12 months. The policy holder may then reactive the policy by submitting a request to proceed with payments.
In the event of delays in payment of monthly subscriptions, the program collects due fees from the cash value of investments. The cash value must equal or exceed the value of fees and protection benefit.
Cancellation of Policy
The policy holder is provided a grace period of 21 days in which they may cancel the policy with no financial obligations.
The minimum monthly subscription in any of AlAhli programs is 400 Saudi Riyals.