The guaranteed capital of this savings insurance is directly linked to the balance of your passbook account. You benefit from a very competitive pricing of your insurance premium. In addition, the capital sum is paid immediately after the insurance claim.
Any private persons holding a passbook account with BANK OF AFRICA and under the age of 65 may subscribe to this insurance. If the passbook account is opened by a parent or guardian for the benefit of a minor child, the guarantee relates exclusively to the parent or the guardian who opened the passbook account.
No problem, we just need to be informed in writing and we will change the clause in the contract. The new clause will take effect once the change is made.
The insured capital is equal to the balance of your account, so for any amount exceeding the minimum of MAD 5,000, an additional premium is deducted from the paid-out interest. The advantage of this formula is that it preserves your savings, and in addition, you benefit from a free splitting.