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Wedding time is a time to rejoice. It is filled with moments of festivity and
togetherness. The entire large family comes together and everybody shares your
happiness. But in order to cherish true happiness there must be no financial
worries. After all there are the costs of Mahar, Wedding Cards, Clothes (for
Bride, Groom and Family), Jewelry, Decoration, hotel charges, Hijla, Catering,
Transport and Accommodation for outstation relatives, Religious functions,
honeymoon expenses (Singapore, Malaysia, Iran, Dubai and Cairo) etc., that have
to be taken into consideration.
Being the day or your dreams, it would be intelligent to plan in advance, lest
you suffer or make a compromise on the day of your dreams for want of funds.
You need to ask yourself:
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Q: At age 27 what will Majid receive from the company?
A: Majid will receive the Sum Assured of RO 8000 on Maturity date.
Q: Any thing else?
A: In addition to the Sum Assured, Majid would receive Reversionary bonus as a
percentage of the Sum Assured for 5 years. Further, from the date of his
wedding, he has more income (because his contributions have stopped) to match
with more responsibility (that of his wife and himself).
Q: What happens in the unfortunate event of death?
A: Immediately Majid's family would receive the Sum Assured of RO.8000 and all the
accumulated bonuses.
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