Card Services
Get your children the best education
Higher education for a child has always been every parents dream. The steep increase in the cost of education and alarming rate of inflation can overwhelm even the most financially secure families. That’s why good financial planning can help to make your dreams come true.
To ensure that your children or grandchildren receive the best education standards in this competitive world we bring you two different approaches to meet your financial goals.
Wealth Accumulation Plan is single premium approach towards investment where you can customer your portfolio matching your risk appetite and market conditions. The portfolio allows you to diversify across different fund houses and allows switching between funds based on your market outlook.
Key features:-
To view product terms and conditions for Wealth Accumulation Plan (click here(opens in a new tab)) and Global Choice (click here(opens in a new tab))
Wealth Accumulation Plan and Global Choice are underwritten by Zurich International Life and Citibank N. A. is a distributor.
Citibank N.A. will receive a distribution fee (commission) from the Insurer equivalent to a percentage of the gross premium payable. Other Citi entities may receive additional compensation for the provision of product administration and management services.
Citibank N.A. will not be responsible for the rejection of any application/claim under this policy. Citibank N.A. does not underwrite or issue insurance policies. Citibank N.A. provides customer support by way of receiving payments from the customers and forwarding them to Zurich International Life, in addition to making such insurance products available to its customers. Premiums contributed by the Customer under this policy are not bank deposits or any other obligation of, or guaranteed by Citibank N.A., Citigroup or any of their affiliates and are subject to risks and possible loss of the principal amount invested.
Insurance products are optional, underwritten by insurers, subject to exclusions, terms and conditions, medical underwriting requirements as listed in the policy document. Citibank N.A. does not underwrite or issue insurance policies and is not responsible for rejection of any application/claim. Citibank N.A. makes available insurance products and provides customer support by receiving payments and forwarding them to the Insurer. If policies are cancelled within 30 days of enrolment, customers are entitled to receive refund of premium paid or applicable account value. For policy cancellations after 30 days period, customer will be entitled to receive applicable surrender value after deduction of surrender charges. Citibank Terms and Conditions apply, are subject to change and can be found at www1.citibank.ae(opens in a new tab). Insurance products are not available to US persons. If a customer changes residence, citizenship, nationality or place of work, it is the customer's responsibility to understand how their insurance is affected by such change and comply with all applicable laws and regulations.
Citibank N.A. UAE Branch is registered with Central bank of UAE under license numbers BSD/504/83; 13/184/2019; BSD/2819/9, BSD/692/83, for Al Wasl Branch Dubai, MOE- Dubai; Sharjah, Abu Dhabi branches respectively, has partnered with Zurich International Life Insurance Company, an insurance company registered with Insurance Authority of the UAE under registration number 63 to offer this insurance product.