Warba Bank offers free Takaful insurance
Kuwait, June 8, 2013
Warba Bank, an Islamic bank based in Kuwait has unveiled new offers for the customers of its personal finance products and credit cards including a Free Takaful insurance policy.
These customers will be given a free triple Takaful insurance policy covering travel, road assistance, death and permanent total disability due to an accident, said a statement from Warba.
The first of its kind offer from Barwa is available only to the bank's customers and this full insurance policy will cover them inside and outside Kuwait, it added.
Adnan Salman Al Salem, the chief retail banking officer, said, "This is a special offer only for our customers who want to avail personal finance products or credit cards in all categories, namely, Classic, Golden and Platinum. We offer this triple Takaful insurance bundle free for a year from the date of the transaction or the date when the credit card is issued."
“From the outset, we made a promise to our customers to provide them with the best and latest Islamic banking services. In this spirit, we are offering this policy as a free gift to cover personal accident and road assistance in Kuwait, as well as Travel Assist,” Al Salem added.
Warba Bank provides its customers with added values, services and products. Its newest offer has been timed to coincide with the beginning of the summer travel season to cover the travel insurance requirements for all countries, said the bank in its statement.
The Takaful insurance policy is aligned with the requirements for obtaining a Schengen visa to European countries.
“The triple Takaful insurance bundle has been designed in such a way that customers can use it in Kuwait to cover road assistance, according to the terms and conditions of the policy. Among its other advantages, Takaful insurance is guaranteed to cover personal accident for the policyholder against the risks of death and total disability resulting from accidents in Kuwait," said Al Salem.
"This policy is given only to Warba Bank’s customers between the age of 21 and 65 years," he added.-TradeArabia News Service