Name of the Organization : Bank of Beirut
Type of Facility : Apply For Motor Insurance
Country : Lebanon
Website : https://www.bankofbeirut.com/
Apply For Motor Insurance :
Your car insurance for a safer drive
Do you own a car and care about having a safe drive? Well, we have the right program that will ensure you peace of mind on the road!
Related : Bank of Beirut Apply For Home Insurance Lebanon : www.statusin.org/5825.html
Bank of Beirut s.a.l. in collaboration with Allianz SNA s.a.l., designed the SAFE Drive, Motor Insurance Program – Third Party Liability, which insures you against the legal and financial consequences that may arise in the event of a car accident.
Eligibility:
Open to all individuals
The “SAFE Drive” coverage:
Main coverage options:
A- Compulsory bodily injury only: LBP 750,000,000
B- Compulsory bodily injury: LBP 750,000,000 + material damage: USD 1,000,000
C- Material damage only: USD 1,000,000
Additional coverage (for options 2 and 3 only):
** Free passengers coverage (family members up to 7 passengers) which includes USD 5,000 in case of death or permanent total disability of any passenger in addition to USD 2,500 paid in case of permanent partial disability, and a settlement of 80% of medical expenses due to a car accident up to USD 1,000
** Free membership for road assistance
The advantages:
** Flexible monthly premiums, automatically deducted from your Bank account
** Easy and quick administrative procedures
** Immediate policy issuance and automatic monthly renewal
Flexibility illustrative table:
Option 1 : Premium LBP 65,000 / year
Option 2 : Premium USD 43 + USD 6 / month
Option 3: Premium USD 8 / month
Conditions:
Age of car owner: 21 to 69 years
The car should be private and its manufacture year should not exceed 20 years
FAQs :
What is the difference between Booked Balance and Cleared Balance?
Booked Balance shows how much money you have in your account before any adjustments are made in terms of deposits in transit, or checks that have not yet been cleared.
On the other hand, the Cleared Balance is the amount of money that can be withdrawn or used in your financial transactions.
Until funds are considered as cleared, they are referred to as ‘Uncleared’ funds, meaning that one or more pending credit transactions have not yet completed the clearing cycle.
How can I cancel my checkbook?
You may reach out to our Contact Center, by calling 1262 if you are a Lebanese resident and +961 5 955 262 if you live abroad. You may also contact your branch during working hours.
What do I need to know about the Business Online Banking Token?
A token is a small hardware device that the owner carries as an authentication technology that is used to protect network resources.
What do I do if I forget my Bank of Beirut Online / Mobile Banking Password?
In such an event, please contact our Contact Center via email (add hyperlink) or phone call on 1262 if you are residing in Lebanon, or +961 5 955 262 if you are residing outside Lebanon, where our representatives will help you reset your password.
What do I benefit from Phone Banking / IVR?
To enroll to the Phone Banking service, you can either visit your branch to sign the related application or you can call our Contact Center on 1262 if you are residing in Lebanon, or +961 5 955 262 if you are residing outside Lebanon, where our representatives will help you in the enrollment process and send you the related PIN code via SMS.
N.B : It is worth noting that the Phone Banking / IVR is a different service from Mobile Banking.