Name of the Organization : BBAC Bank (Bank of Beirut and the Arab Countries)
Type of Facility : Apply For Life Insurance
Country : Lebanon
Website : https://www.bbacbank.com/banking/personal/insurrance/term-life-insurance-lebanon
Apply For Life Insurance :
BBAC, in collaboration with The Capital Insurance & Reinsurance Co. s.a.l., offers you the Life Insurance designed to protect your family’s financial well being in case of a sudden death.
Related : BBAC Bank Apply For Domestic Helper Insurance Lebanon : www.statusin.org/5811.html
Why do I need the Term Life Insurance?:
Taking care of family is a high priority. Since life does not guarantee that one will always be around to provide for their loved ones, you do not want to make the mistake of waiting until it is too late. With this insurance, you can face life’s challenges with confidence and tranquility knowing that, regardless of what might happen to you, your family will be supported.
What kind of coverage can I receive?:
The insurance provides coverage in case of natural or accidental death.
What other benefits does the Insurance offer?:
** Comfortable monthly premiums automatically withdrawn from your bank account with no extra charge.
** Worldwide, round- the- clock coverage.
** The contract will be handed to you immediately at the branch and will be automatically renewed.
** The contract period can vary from 1 to 5 years with a five-year renewable option.
What are the requirements to apply?
** You must hold an account at BBAC.
** You must be between 20 and 50 years old.
** You must fill a medical questionnaire with no medical examination required.
** The insured amount should not exceed 40,000 USD per person.
Note:
*The insurance coverage does not apply to: members of armed services, professional athletes, cabin crew and those engaged in dangerous hobbies.
Foreign Domestic Helpers Insurance :
BBAC, in collaboration with The Capital Insurance and Reinsurance Co, offers you the Foreign Domestic Helpers Insurance with extensive coverage designed to ensure that you can handle any kind of loss, accidents or illnesses your domestic helper can possibly encounter.
About Us :
Bank of Beirut and the Arab Countries (BBAC) traces its origins to an alliance forged in 1956 between three prominent investment magnets, the late Toufic Assaf – entrepreneur, industrialist and politician, the late Nashaat Sheikhelard – financier and businessman, and the late Jamal Shehaiber – financier and trader, when the three partners recognized Lebanon’s need for a different kind of banking services and practices.
The bank is registered on the Beirut Commercial Registry under number 6196 and on the Lebanese List of Banks as number 28. The first branch opened in Lebanon’s capital Beirut, on Allenby Street at the heart of Beirut City Center. Toufic Assaf was named Chairman and General Manager, and so he remained until 1996.
Contact Us :
Bank of Beirut and the Arab Countries (BBAC)
250 Clemenceau Street,
BBAC s.a.l. Building,
Beirut – Lebanon