Name of the Organization : Mashreq Bank
Type of Facility : Apply For Life Insurance
Country : United Arab Emirates
Website : https://www.mashreq.com/en/uae/neo/
Mashreq Bank Apply For Life Insurance
Life insurance make sure that the financial interest of your family remain protected from circumstances such as loss of income due to critical illness or any other unforeseen cicustances along with the great opportunity of wealth creation.
Related : Mashreq Bank UAE Register For Online Banking : www.statusin.org/6056.html
Life insurance is a unique investment that helps you to meet your dual needs – saving for life’s important goals and insures that your family and loved ones continue to enjoy the financial freedom that they deserve.
Whole of Life Insurance:
This cover is internationally portable so if you move to another country permanently, you keep your cover. Upon death it will pay a lump sum to your beneficiaries. It is designed to allow changes to benefits as circumstances in your life change and can offer financial protection for your family
Top 3 Reasons to buy:
It provides flexible payment options Single or regular premium, and a ‘vanishing’ premium option so you can fund the policy over long term while still having protection for life.
Enjoy independent benefits It enables you and your spouse to enjoy independent benefits and life cover options.
Additional benefits available In addition to life cover, there are a wide range of additional benefits available, including critical illness, family income benefit and waiver of premium along with flexibility to change your level of protection.
Key Features:
You can pay premium over either 7 years, 10 years or 15 years and gets life cover until age 95
Plan also provides cash value at each year which can be utilized for savings needs of future
Term Life Insurance:
Term life insurance is a level term life insurance policy that can provide both financial protection and peace of mind, it is internationally portable so if you move to another country permanently, you keep your cover.
Term life insurance is a level term life insurance policy that can provide both financial protection and peace of mind, it is internationally portable so if you move to another country permanently, you keep your cover.Term life insurance runs for a fixed period of time. The policy will pay out a guaranteed cash sum, which is fixed for the term of the policy, if you die. If you survive to the end of the policy’s term, your premium and cover cease.
Top 3 Reasons to buy:
Provision of high-value Low cost life cover throughout a specified term of between 5-35 years.
Flexible levels of cover and term You can choose the level of cover and term, allowing you to tailor it to your requirements, for instance mortgage protection, or costs associated with raising your children.
Additional protection Product offers the optional critical illness or permanent and total disability benefits.
Key Features:
Simplest form of term insurance in which customer pays low amounts of premiums to get high life cover.
Coverage only until chosen term of the plan.
No cash value/savings accumulated in the plan.
Apply Now : https://www.mashreq.com/en/uae/neo/
Disclaimer:
Conditions Apply. Whole of Life Insurance are offered by renowned International and regional Insurance companies, All product features, benefits, returns are offered by the Insurance company and not by Mashreqbnk psc. Mashreqbank psc shall not be responsible for Insurance providers actions or decisions nor shall Mashreqbank psc be liable regarding payment of claims or services under the policy/insurance contract.”