Qatar Islamic Bank’s (QIB) Family Shield Takaful policy is designed to provide both nationals and residents financial security during unforeseen circumstances. QIB continues to make all financial products and services available digitally, offering customers the possibility to perform all of their daily banking needs through QIB’s award-winning Mobile App at any time, from anywhere, without the need to visit a branch. Customers can now instantly purchase the Family Shield Takaful product, in a few simple steps, through QIB’s Mobile App.
Underwritten by Daman Islamic Insurance company (Beema), the Family Shield Takaful product is tailor-made to mitigate financial liabilities of the family of the insured, in case of unforeseen events like death or disability. For just QAR 75 per month, customers can purchase a Family Shield term takaful plan through the QIB Mobile App and get takaful coverage for QAR 250,000.
- Anand, QIB’s General Manager – Personal Banking Group, said:“Mobile Banking is a key channel for customers today and is completely changing the way banking is delivered. That’s why we are continuously investing in updating our mobile application to suit our customer’s needs. We are bringing the entire banking experience to our customers on their mobile while continuously integrating their feedback. Our fully inclusive app offers a marketplace for customers to buy a suite of third-party products and services such as Beema’s takaful plans, which are readily accessible within just a few steps.”
Once customers successfully apply and complete the required simple steps, the policy issuance is managed and integrated directly with Beema’s online system. Upon completion, customers will receive a confirmation email from Beema along with a reference number and the policy documents.
In addition to the Family Shield plan, QIB offers three different types of Takaful plans on its award-winning QIB Mobile App. Customers who have an existing auto Takaful policy from Beema can easily renew their policy on the App. Customers can also activate their Credit Shield Takaful plan on their preferred card instantly through the App at a nominal fee applied monthly to the credit card. Available on customers’ fingertips is also the Travel Takaful plan that provides multiple coverages and benefits to ensure that QIB customers have a complete peace of mind during their trip.
Source: Qatar Islamic Bank