Ahlibank launches new family Takaful product

Smart Term Family Takaful, a unique term life Takaful product allows ahlibank customers to gift to their families’ greater financial security and peace of mind in case of any unforeseen circumstances

MUSCAT: ahlibank’s partnership with Takaful Oman Insurance has resulted in the development of another Takaful product that provides financial security for the entire family – Smart Term Family Takaful.

Continuing its efforts to provide a diverse bundle of financial products and services to its customers across the Sultanate, ahlibank has been adding many innovative Takaful products under the umbrella of Bancassurance, including Hospital Cash Benefit Takaful, Domestic Helper Takaful and the recently launched Takaful Home Contents, all of which aim at easing the financial burden of customers arising out of emergencies.

The newest product, Smart Term Family Takaful, a unique term life Takaful product allows ahlibank customers to gift to their families’ greater financial security and peace of mind in case of any unforeseen circumstances.

With the protection of up to OMR200,000 with no requirement of any medical tests or answering a long list of health-related questions and with the option to pay the premium in easy monthly instalments, Smart Term Family Takaful offers to ahlibank customers unmatched benefits.

“We realised that many customers have not yet planned ahead to protect their family in the long run for unexpected events. With Smart Term Family Takaful, we are proud to have developed a product that empowers them to safeguard their family’s financial future,” said Hana Al Hinai, DGM - Retail Banking Product Development and Private Banking, ahlibank. “And we have added another financial solution to our product suite to meet the evolving needs of our customers,” she added.

Smart Term Family Takaful is a flexible product that fits into your budget and income pattern offering the right protection in times of need.

As one of the growing banks in the nation, ahlibank has gone to great lengths in selecting the right insurance provider and has homed in on Takaful Oman to provide the very best to customers, since Takaful Oman holds a proven track record throughout the Sultanate.