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.