Metlife Alico is one of the largest international insurance companies operating in the UAE, and the Gulf. They have recently launched a new regular savings product in 2012 called International Savings Plan. Since there is a lot of demand for METLIFE ALICO International savings plan amongst my clients, I decided to review this product for the benefit of my readers as well.
As with other regular savings products in the UAE, the International Savings Plan from Metlife Alico can be used for the usual purposes of Children’s higher education planning or retirement planning for expats. Some of my clients also use it for home ownership planning or just wealth accumulation.
International Savings Plan is an exciting investment opportunity that can help you optimize your hard-earned savings and reach your financial goals and aspirations. It helps you achieve a systematic and disciplined approach to wealth creation while also providing you with an insurance protection you and your loved ones need.
In summary, the International Savings Plan from Metlife Alico is a good product, intended for Children’s Education Planning and Retirement planning. It is designed as a wealth accumulation product with access to 180+ direct funds and online fund switching. Some of the unique points of this product are that it offers an annuity option at maturity and clients can also pay their premiums online through the secure login dedicated to each client.
What has been your experience with Metlife Alico International Savings Plan?, How would you rate it? There is a review box below the ‘Ask Amit’ button. So please feel free to add your own review or comments below the post.
As with any regular savings product like the International Savings Plan, the choice of product is just the preliminary step. Clients should always consult a qualified independent financial planner to decide about the choice of funds and design a proper portfolio.
Amit is an Independent Financial Advisor, based in Dubai since 1997. He is part of the prestigious ‘Million Dollar Round Table’ (MDRT), which is an elite club of the best financial advisors worldwide.
He has authored the ‘6-Step Financial Success Guide’, and the book ‘Creating, Preserving, Distributing Wealth’.
He helps business owners and professionals ‘Create A Second Income’ through investments.
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