India's Covid tally passes 25mn; cyclone hampers response in western states Permits of farmhouses violating terms of usage to be cancelled: MME Over 50 missing after boat from Libya sinks Qatar Tuesday reports 370 new cases of the virus, four deaths and 818 recoveries Spanish study finds AstraZeneca vaccine followed by Pfizer dose is safe and effective More than 15,000 people from Myanmar shelter in Indian border state UN agency says 52,000 displaced in Gaza, Amnesty wants war crimes investigation 'Love of knowledge': Volunteers toil to populate Arabic Wikipedia China skyscraper wobbles, spreading panic in downtown Shenzhen

Qatar Islamic Bank offers family shield ‘takaful’ policy

Wednesday، 20 May 2020 01:39 AM

Qatar Islamic Bank (QIB) has now made available family shield ‘takaful’ policy, designed to provide nationals and residents financial security during unforeseen circumstances, through its mobile app.
Underwritten by Daman Islamic Insurance Company (Beema), the family shield takaful product is tailor-made to mitigate financial liabilities of the family of the insured, in case of unforeseen events like death or disability.
For just QR75 per month, customers can purchase a family shield term takaful plan through the QIB mobile app and get takaful coverage for QR250,000.
QIB continues to make all financial products and services available digitally, offering customers the possibility to perform all daily banking needs through its mobile app at any time, from anywhere, without the need to visit a branch, its spokesman said.
“Mobile banking is a key channel for customers today and is completely changing the way banking is delivered. That’s why we are continuously investing in updating our mobile application to suit our customer’s needs,” said D Anand, QIB’s general manager - Personal Banking Group.
Once customers successfully apply and complete the required simple steps, the policy issuance is managed and integrated directly with Beema’s online system.
Upon completion, customers will receive a confirmation email from Beema along with a reference number and the policy documents.

Add Comment

There are no comments.