In line with its commitment to be at the forefront of innovation & service excellence, EIB, one of the leading financial institutions in the region, in alliance with AMAN Insurance Co., has introduced Al Hesn Takaful, a new bankassurance cover for a contribution of as little as AED 1 per day!

Al Hesn Takaful consists of 4 different plans with monthly contributions ranging from AED 30 to AED 265 to suit the various requirements of the diverse customer base. Plans cover natural death, as well as death by accident, permanent total or partial disablement due to an accident, death due to an accident in common carriers and a cash benefit on hospitalization in addition to a lump sum benefit on hospitalization exclusively for Emirates Islamic Bank’s customers.

Commenting on the launch, Mr. Faisal Aqil General Manager Retail Banking Emirates Islamic Bank said: “The well being and peace of mind of our customers are always on the bank’s product development radar. We at Emirates Islamic Bank are dedicated to providing quality tailor-made solutions that meet the diverse requirements of our customers. Most importantly, this is yet another meaningful contribution by EIB in context of our social responsibility as an organization”

The 24 hour worldwide plan is available for all UAE nationals and resident expatriates, from 18 years to 64 years of age and requires no medical checks. The Al Hesn Takaful plan is fully underwritten by a leading Takaful Insurance company, Aman Insurance Co., and is the latest addition to Emirates Islamic Bank’s existing portfolio of retail products. 

Reported by : Emirates Islamic Bank
Reported on : 27/01/2010