Maash Bokra (which translates to Tomorrow’s Pension) is the unique pension policy sweeping the nation. Youth and Adults are subject to the anxiety-inducing financial worries that stem from thinking about one’s pension (and ultimately their family’s). Although it might seem unconquerable, Misr Life Insurance (MLI) and the National Bank of Egypt are striving to change that through ‘Maash Bokra’. We’re here to tell you all about the policy, its benefits and why it’ll be available in 150 National Bank of Egypt (NBE) branches by June 2020.
Maash Bokra, which is currently available in 40 NBE branches, allows you to specify the pension amount you desire while providing flexibility in payment options without requiring you to pay any fixed premiums or even undergo medical checkups!
What’s more, Maash Bokra’s flexible payment options can be made conveniently in almost every way you could imagine. “Installment payments can be made through a large network of electronic payment channels including the official Misr Life Insurance (MLI) website www.misrlife.com, the MLI mobile app, Fawry outlets available across the governorate, as well as mobile wallets and Fawry services available through the National Bank of Egypt’s ATM machines,” clarified the chairman and managing director of MLI, Dr. Ahmed Abdel Aziz.
As we’ve previously mentioned, Maash Bokra will be made available in 150 of the NBE branches by June 2020, exclusively to the bank’s customers. This sweeping availability will increase financial inclusion in Egypt and reward a positive impact on its national economy, according to Mr. Basel El Hini, chairman and managing director of Misr Insurance Holding Company (the mother company of MLI). “The insurance sector is considered a transactions mediator and is the most adept for investing in the short, medium and long term. Thus, the introduction of products to meet customers’ needs in various sectors will help the growth of the national economy,” said El Hini. “The policy is expected to be available in 150 branches of NBE by the end of June 2020 in order to meet the needs of customers from different social segments,” added Abdel Aziz.
Get your hands on more details by heading to Maash Bokra’s page on Misr Life Insurance’s website: https://www.misrlife.com/product/maashBokra.htm
