SANAD

By enrolling under ‘SANAD’, you will guarantee your child the same level of education as you had planned in the unfortunate event of:

• Death of the paying parent
• Total permanent disability of the paying parent (due to accident or sickness)

A nominal annual fee per paying parent, per child, subject to a health declaration

• Additional medical information may be required based on initial assessment
• Rate adjustment may be required based on the applicant’s health condition

• Protection is provided in the unfortunate event of death and/or permanent total disability of the paying parent
• Payment of remaining school fees until graduation, corresponding to the child’s respective grade (subject to the maximum limit as stipulated in your policy)
• Claim payment is made directly to IKNS

• Two levels of coverage are provided, as outlined below:

  	SANAD	SANAD Premier
  Maximum Sum Assured	BHD 25,000	BHD 60,000
  Benefits	Death Any Cause	Death Any Cause & Permanent Total Disability (Accident & Sickness)
  Initial Premium* (Starting From)	BHD 37	BHD 84
  Renewal Requirements	Health Declaration	Automatic renewal without Health Declaration
  Renewal Premium	May change based on new Health Declaration	Fixed for full duration
  * Rate adjustment may be required based on bnl’s assessment of the applicant’s health status

• You must be under age 65
• You must be the school fee payer
• You must be residing in Bahrain

A fully completed Application Form. The purpose of this Application is for bnl to assess and determine the terms of your acceptance.

‘SANAD’ will be available for purchase at the beginning of the academic year 2018-2019, in the month of September . This is available on our website, and our team will be accessible to facilitate your application and assist you with any queries that you may have.

This product is specifically designed for and in collaboration with IKNS which will be names as an irrivocable beneficiary. Should the family decide to move the child to another school, the sum assured will be transferrable only upon obtaining a letter of consent from IKNS Management.

In case of Expatriat applicants, should the family decide to leave Bahrain following the unfortunate event of the death of the paying parent, bnl will pay to remaining sum to the family upon receiving satisfactory evidence of relocation.