Life & Retirement
Preparing for the future from today!
Take the first step towards securing your future. Protect what matters the most to you and your loved ones.
With our expertise and flexible plans, our dedicated insurance team is ready to assist you in finding the perfect life insurance plan tailored to your family’s unique needs. We are committed to standing by your side and safeguarding you and your dearest from unforeseen circumstances.
Reasons to Choose JICO’s Life & Retirement Insurance Plan
Robust Savings
Secure your retirement goals with substantial savings.
Family Protection
Protect your loved ones with comprehensive coverage in unforeseen circumstances.
Medical Protection
Ensure necessary health protection and coverage for your well-being and medical expenses (Against the diagnosis of any critical or terminal illness)
Take Life in Your Own Hands Create Your Policy with JICO
With our customizable life and retirement insurance options, we empower you to create a term or savings life insurance policy to help you plan on your terms.
That’s right, a flexible life insurance plan that you can modify as you navigate life.
Download the Brochure Call Us NowTerm Life Insurance
Protect and Support your Loved Ones
Term life insurance simply covers you for a specific amount of time. With JICO, you can select anywhere from 1, 5, 10, and up to 20 years.
Your goal should be to design a life insurance plan through one or more policies that follow the loss of your financial income.
Our Term Life Insurance plan covers you in case of the following:
• Death due to any cause (DAC)
• Permanent total disability due to accident and/or sickness
• Permanent partial disability due to accident and/or sickness
• Accidental death
• Critical illness – additional or accelerated.
The benefits of our Term Life Insurance policy include:
• Choice of 1, 5, 10, and up to 20 years
• Up to 100% of DAC sum is insured in case of permanent total disability due to accident and/or sickness.
• Percentage of DAC sum in case of permanent partial disability due to accident and/or sickness as per the continental scale of overage*
Disabled/Partial Disabled Table
Our life insurance policy provides comprehensive coverage for permanent disabilities caused by accidents, including but not limited to:
| # | Permanent disability resulting from an accident | Percentage |
| 1 | Permanent loss of eyesight | 100% |
| 2 | Loss of hands or arms | 100% |
| 3 | Complete and permanent deafness in both ears | 100% |
| 4 | Dislocation of the lower jaw | 100% |
| 5 | Loss of an arm and a leg | 100% |
| 6 | Loss of an arm and a foot | 100% |
| 7 | Loss of a hand and a foot | 100% |
| 8 | Loss of hand and a leg | 100% |
| 9 | Loss of legs | 100% |
| 10 | Loss of the feet | 100% |
| 11 | Total and permanent loss of speech | 100% |
| # | Head Injuries | Percentage |
| 1A | Loss of bony material from the skull that cannot be replaced with an area of more than 6 square centimetres | 40% |
| 1B | Loss of bony material from the skull that cannot be replaced with an area of 3-6 centimetres | 20% |
| 1C | Loss of bony material from the skull that cannot be replaced with an area less than 3 centimetres | 10% |
| 2 | Partial removal of the low jawbone (whether the removed bone was complete or halves) | 40% |
| 3 | Loss of one eye | 40% |
| 4 | Complete and incurable deafness | 30% |
| # | Torso Injuries | Left (%) | Right (%) |
| 1 | Loss of an entire arm or hand | 50% | 60% |
| 2 | Loss of bony material from the arm that impedes its movement | 40% | 50% |
| 3 | Complete paralysis of the upper limb (incurable) | 55% | 65% |
| 4 | Circular nerve paralysis in the arm (incurable) | 15% | 20% |
| 5 | Shoulder stiffness | 30% | 40% |
| 6A | Loss of attachment in a normal position (15 degrees around the right angle) | 20% | 25% |
| 6A | Loss of attachment in an abnormal position | 35% | 40% |
| 7 | Loss of bone material from the two forearm bones (non-compensable) | 30% | 40% |
| 8 | Complete paralysis of the central nerve | 35% | 45% |
| 9 | Complete paralysis of the radial nerve in a torsion manner | 35% | 40% |
| 10 | Complete paralysis of the radial nerve in the arm | 15% | 30% |
| 11 | Complete paralysis of the radial nerve in the hand | 15% | 20% |
| 12 | Complete paralysis of the forearm nerve | 25% | 30% |
| 13 | Stiffness of the elbow in the normal position (the inability to bend only) | 15% | 20% |
| 14 | Stiffness of the elbow in an abnormal position | 15% | 30% |
| 15 | Complete loss of the thumb | 15% | 20% |
| 16 | Loss of nail phalanges in the thumb | 5% | 10% |
| 17 | Full thumb stiffness | 15% | 20% |
| 18 | Complete amputation of the index finger | 10% | 15% |
| 19 | Amputation of two phalanges from the forefinger | 8% | 10% |
| 20 | Amputation of the nail phalanx in the index finger | 3% | 5% |
| 21 | Amputation of the index finger and thumb together | 25% | 35% |
| 22 | Amputation of the thumb and any finger other than the index finger | 10% | 15% |
| 23 | Amputation of two fingers, other than the thumb and forefinger | 8% | 12% |
| 24 | Amputation of three fingers, other than the thumb and forefinger | 15% | 20% |
| 25 | Amputation of four fingers, including the thumb | 40% | 45% |
| 26 | Amputation of four fingers except the thumb | 35% | 40% |
| 27 | Amputation of the middle finger | 8% | 10% |
| 28 | Amputation of any finger other than the thumb, forefinger, and middle finger | 3% | 7% |
| # | Lower Extremities | Percentage (%) |
| 1 | Thigh amputation | 60% |
| 2 | Leg amputation | 50% |
| 3 | Complete loss of the foot (fragmentation of the tibia and tarsus of the foot) | 45% |
| 4 | Partial loss of the foot (fragmentation of the bone under the knee) | 45% |
| 5 | Partial loss of the foot (middle carpal fragmentation) | 35% |
| 6 | Partial loss of the foot (disintegration of the wrist and metatarsals) | 35% |
| 7 | Complete paralysis of the lower limb (incurable) | 60% |
| 8 | Complete paralysis of the external hip nerve | 30% |
| 9 | Complete paralysis of the inner hip nerve | 20% |
| 10 | Complete paralysis of the hip nerve (internal and external) | 40% |
| 11 | Stiffness of the upper thigh joint | 40% |
| 12 | Knee stiffness | 20% |
| 13 | Loss of bone material from the thigh or the two leg bones | 60% |
| 14 | Loss of bony material from the knee, which impedes its movement | 40% |
| 15 | Loss of bony material from the knee, with difficulty in movement | 20% |
| 16 | Shortness in the lower extremity of more than 5 centimeters | 30% |
| 17 | Shortness in the lower extremity of 3-5 centimeters | 20% |
| 18 | Shortness in the lower extremity of less than 3 centimeters | 10% |
| 19 | Amputation of all toes | 25% |
| 20 | Amputation of four toes, including the big toe | 20% |
| 21 | Amputation of four toes other than the big toe | 10% |
| 22 | Stiffness of the big toe in the foot | 10% |
| 23 | Amputation of two toes in the foot | 5% |
| 24 | Amputation of any toe other than the big toe | 3% |
Bright Future Insurance
A Personalized Savings Program Starting from JD 49.99
Introducing our exclusive Bright Future insurance program, a unique and comprehensive whole life insurance that spans 40 years.
With Bright Future, you, and your family gain protection during unforeseen events. Watch your savings grow, enabling you to achieve your dreams and enjoy the finer things in life. Embrace the future confidently through our flexible plan, tailored to support your evolving needs, whether it’s education, retirement, or major purchases like your dream home or Ferrari, all under one plan.
Customize your Bright Future policy by selecting the desired type and level of protection, and the duration and amount of your premium contribution.
Take control of your financial destiny and embark on a journey toward a brighter tomorrow …
Download the BrochureOur Bright Future plan covers you in case of the following:
- Benefit at maturity
- Additional death benefit
- Critical illness: JICO covers you against the subsequent major critical illnesses:
- Cancer
- Stroke
- Heart attack
- Coronary artery bypass surgery
- Renal disease (kidney failure)
- Major organ transplant
- Heart valve surgery
- Aorta (graft) surgery
- Multiple sclerosis
- Idiopathic Parkinson’s disease (before the age of 65)
- Motor Neuron Disease (MND)
- Profound vision loss – irreversible (blindness)
- Coma
- Paralysis of limbs
- Loss of limbs
- Deafness (loss of hearing)
- Severe rheumatoid arthritis
- Benign brain tumor
- HIV infection due to blood transfusion
- Bacterial Meningitis (Meningitis)
- Terminal illness
- Permanent total disability (PTD) due to an accident
The benefits of our Bright Future policy include the following:
- Death due to any cause
- Receive a sum insured amount based on the selected plan:
- Option 1: 5 times the annual premium or the cash value, whichever is higher.
- Option 2: 101% of the cash value.
- Receive a sum insured amount based on the selected plan:
- Additional death benefit
- From a minimum of 5 times the annual premium to a maximum of 20 times the annual premium.
- Terminal illness
- If you are diagnosed with an illness that leads to death within 12 months, TI cover allows you to collect the full sum insured in a lump sum before death occurs.
- Waiver of premium cover:
- In the case of PTD, the company will waive all future premiums for a maximum of 10 years of pay-outs.
- Money Back
- Bright Future allows you to receive money back of one annual premium at the end of every five years during the policy term.
- Critical illness
- The CI cover is not intended to replace the medical expenses that arise from your illness but is meant to provide income support for you and your family.
Individual Life & Retirement Insurance Age Eligibility Criteria
Minimum Age –18
Maximum Age of Entry – 64
*For disabilities, the limit is only until the age of 65.
Summary Chart – Bright Future
You decide which cover fits your needs.
Protection
You decide the amount of premium contribution that best suits your financial capabilities, starting from JD 49.99 monthly.
Premiums
You decide what you want to benefit from your funds.
Savings You decide the level of each cover separately from the other.
Call Us NowCustomer Reviews
Rand Al Sakka
Customer
Very prompt response to my initial enquiry – extremely helpful and professional staff.
They gave me the most suited package for me and for my 3 children
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Khalid Abu Al Hija
Customer
My family left Saudi Arabia this summer. It was not easy being this far away from them.
Ahmad from JICO really helped me pick the best possible package!
Mariam Taha
Customer
I’ve never had to waite inline at a pharmacy and I’ve always been able to secure my monthly dosage with
My Chronic medications are delivered to the pharmacy each month right on time
Rand Al Sakka
Customer
Very prompt response to my initial enquiry – extremely helpful and professional staff.
They gave me the most suited package for me and for my 3 children
Khalid Abu Al Hija
Customer
My family left Saudi Arabia this summer. It was not easy being this far away from them.
Ahmad from JICO really helped me pick the best possible package!
Mariam Taha
Customer
I’ve never had to waite inline at a pharmacy and I’ve always been able to secure my monthly dosage with
My Chronic medications are delivered to the pharmacy each month right on time